Based on the last 12 Inflation Rate YoY events in United States, we expect a 0 pip movement on 6J within 48 hours following the event release at 12 May 12:30 UTC. We expect 6J to trend upwards 48 hours following the event release at 12 May 12:30 UTC if the released value is < 3.6% Historical events that allowed us to draw this conclusion
12 Nov 13:30 |
10 Jun 12:30 |
12 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).