Based on the last 12 Ifo Business Climate events in Germany, we expect a 112 pip movement on TN within 48 hours following the event release at 25 Jan 09:00 UTC. We expect TN to trend upwards 48 hours following the event release at 25 Jan 09:00 UTC if the released value is < 91.8 Historical events that allowed us to draw this conclusion
26 Oct 09:00 |
24 Sep 08:00 |
25 Mar 09:00 |
27 Jan 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
