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There is a 66.67% chance of NIY trending downwards

Based on past Germany Unemployment Rate news events there is a 66.67% chance of NIY trending downwards. We expect this to happen if the released value is = 5%. A price movement of 250 pips is expected.

Historical events that allowed us to draw this conclusion

01 Jul 07:55
29 Mar 08:55
01 Mar 08:55
31 Jan 08:55
30 Oct 08:55
30 Aug 07:55

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

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There is a 66.67% chance of OJ trending upwards

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We expect a 21 pip movement on NZDUSD within 4 hours following the event release.

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