We expect a $61251 movement on EMD within the next 2 hours. We expect EMD to trend upwards 2 hours following the PPI MoM events in United States release because the released value is > 0.3%. A price movement of 192 pips is expected.
Historical events that allowed us to draw this conclusion
12 Dec 13:30 |
12 Sep 12:30 |
12 Jul 12:30 |
14 May 12:30 |
16 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
