We expect a $0 movement on 6A within 4 hours following the release of Markit Manufacturing PMI Flash at 21 May 07:30. We expect 6A to trend downwards 4 hours following the event release at 21 May 07:30 if the released value is > 39.2. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
24 Mar 08:30 |
24 Jan 08:30 |
22 Nov 08:30 |
22 Aug 07:30 |
21 Jun 07:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
