Based on the last 12 Inflation Rate YoY events in United States, we expect 6S to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect 6S to trend downwards 2 hours following the event release at 13 Oct 12:30 if the released value is = 5.3%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
10 Mar 13:30 |
13 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).