Based on past Euro Area Unemployment Rate news events there is a 75% chance of 6J trending downwards. We expect this to happen because the released value is = 8.3%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
02 Dec 10:00 |
30 Oct 10:00 |
01 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
