Based on past Germany Balance of Trade news events there is a 75% chance of 6C trending upwards. We expect this to happen because the released value is < € 17.7B. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
08 Oct 06:00 |
09 Sep 06:00 |
09 Aug 06:00 |
09 Apr 06:00 |
09 Feb 07:00 |
09 Dec 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).