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Be very careful of upcoming volatility. We expect a $0 movement on 6A.

Be very careful of upcoming volatility because of Germany Unemployment Rate news event later today. Based on the last 12 Unemployment Rate events in Germany, we expect a $0 movement on 6A within 4 hours following the event release at 29 Nov 08:55. We expect this to happen if the released value is = 5%. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

30 Sep 07:55
29 Aug 07:55
31 Jul 07:55
30 Apr 07:55
29 Mar 08:55
01 Mar 08:55
31 Jan 08:55
04 Jan 08:55

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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