Based on the last 12 Unemployment Rate events in Euro Area, we expect a $10.704 movement on FV within 4 hours following the event release at 29 Nov 10:00. We expect FV to trend downwards 4 hours following the event release at 29 Nov 10:00 if the released value is < 7.5% Historical events that allowed us to draw this conclusion
01 Jul 09:00 |
04 Jun 09:00 |
30 Apr 09:00 |
01 Mar 10:00 |
09 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).