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We expect a 0 pip movement on RA for the next 48 hours.

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”).

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