Based on the last 12 Employment Change events in Australia, we expect a $0.995 movement on ED within the next 4 hours. We expect ED to trend upwards for 4 hours because the released value is > 10K
Historical events that allowed us to draw this conclusion
20 Feb 00:30 |
23 Jan 00:30 |
19 Sep 01:30 |
15 Aug 01:30 |
13 Jun 01:30 |
18 Apr 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
