Based on the last 12 Unemployment Rate events in Germany, we expect 6C to trend upwards later today. Based on these past events there is a 80% chance of this. We expect 6C to trend upwards 12 hours following the event release at 31 Aug 07:55 if the released value is < 5.6%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
29 Jul 07:55 |
29 Jan 08:55 |
01 Dec 08:55 |
30 Sep 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
