Based on past Germany Ifo Business Climate news events there is a 75% chance of CC trending downwards. We expect this to happen if the released value is < 102.1. A price movement of 20,800 pips is expected. Historical events that allowed us to draw this conclusion
26 Apr 08:00 |
26 Oct 09:00 |
24 Sep 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
