Based on the last 12 Unemployment Rate events in Euro Area, we expect a $1,085.6 movement on UB within 48 hours following the event release at 02 Dec 10:00. We expect UB to trend upwards 48 hours following the event release at 02 Dec 10:00 if the released value is < 8.4% Historical events that allowed us to draw this conclusion
01 Sep 09:00 |
30 Apr 09:00 |
01 Apr 09:00 |
30 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
