Based on past Euro Area Unemployment Rate news events there is a 71.43% chance of BP trending downwards. We expect this to happen if the released value is < 8.1%. A price movement of 1 pips is expected. Historical events that allowed us to draw this conclusion
01 Sep 09:00 |
02 Jul 09:00 |
30 Apr 09:00 |
01 Apr 09:00 |
30 Sep 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
