We expect a $0 movement on 6E within 12 hours following the release of GDP Growth Rate QoQ Prel at 13 Nov 23:50. We expect 6E to trend downwards 12 hours following the event release at 13 Nov 23:50 if the released value is > 0.2%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
19 May 23:50 |
09 Aug 23:50 |
13 Aug 23:50 |
17 May 23:50 |
13 Nov 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
