Based on the last 12 Unemployment Rate events in Euro Area, we expect a $0.157 movement on RB within 48 hours following the event release at 01 Jul 09:00. We expect RB to trend upwards 48 hours following the event release at 01 Jul 09:00 if the released value is = 8%
Historical events that allowed us to draw this conclusion
01 Feb 10:00 |
02 Dec 10:00 |
30 Oct 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
