Based on the last 12 Unemployment Rate events in Germany, we may see a 104 pip movement on EURUSD within 48 hours following the event release at 30 Jun 07:55 UTC. EURUSD may trend downwards 48 hours following the event release at 30 Jun 07:55 UTC if the released value is = 5%
Historical events that allowed us to draw this conclusion
31 May 07:55 |
31 Mar 07:55 |
30 Nov 08:55 |
28 Oct 07:55 |
30 Jun 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
