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We expect a $0 movement on 6E within 12 hours following the event release at 19 Nov 06:30.

Based on the last 12 Unemployment Rate events in France, we expect a $0 movement on 6E within 12 hours following the event release at 19 Nov 06:30. We expect 6E to trend downwards 12 hours following the event release at 19 Nov 06:30 if the released value is < 7.8% Historical events that allowed us to draw this conclusion

16 Feb 06:30
14 May 05:30
13 Feb 06:30
14 Aug 05:30
16 May 05:30
20 Nov 06:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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