Based on the last 12 Ifo Business Climate events in Germany, we expect a $0 movement on 6E within 4 hours following the event release at 26 Apr 08:00. We expect 6E to trend downwards 4 hours following the event release at 26 Apr 08:00 if the released value is < 97.8 Historical events that allowed us to draw this conclusion
25 Jan 09:00 |
26 Oct 09:00 |
24 Sep 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
