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We expect a 0 pip movement on 6J within 12 hours following the event release.

Based on the last 12 Industrial Production YoY events in Euro Area, we expect a 0 pip movement on 6J within 12 hours following the event release at 14 Sep 09:00 UTC. We expect 6J to trend upwards 12 hours following the event release at 14 Sep 09:00 UTC if the released value is < -8.2% Historical events that allowed us to draw this conclusion

14 Jul 09:00
13 May 09:00

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

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We expect 6E to trend upwards right now.

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