We expect a $0 movement on NE within 12 hours following the release of GfK Consumer Confidence at 18 Dec 00:01. We expect NE to trend upwards 12 hours following the event release at 18 Dec 00:01 if the released value is < -31. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
22 Oct 23:01 |
20 Aug 23:01 |
05 Apr 23:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).