Based on past Euro Area Consumer Confidence Flash news events there is a 66.67% chance of UB trending downwards. We expect this to happen if the released value is < -18.3. A price movement of 131 pips is expected. Historical events that allowed us to draw this conclusion
23 Jan 15:00 |
20 Dec 15:00 |
20 Jul 14:00 |
22 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
