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We expect a $0 movement on RU within 12 hours following the event release at 09 Jan 10:00.

Based on the last 12 Unemployment Rate events in Euro Area, we expect a $0 movement on RU within 12 hours following the event release at 09 Jan 10:00. We expect RU to trend downwards 12 hours following the event release at 09 Jan 10:00 if the released value is = 7.5%

Historical events that allowed us to draw this conclusion

29 Nov 10:00
30 Aug 09:00
31 Jul 09:00
31 Jan 10:00

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

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