Based on the last 12 Ifo Business Climate events in Germany, we expect a 0 pip movement on RA for the next 48 hours. We expect RA to trend downwards for 48 hours because the released value is < 97 Historical events that allowed us to draw this conclusion
26 Aug 08:00 |
25 Jul 08:00 |
23 May 08:00 |
24 Apr 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
