Based on the last 12 ISM Manufacturing PMI events in United States, we expect UB to trend downwards later today. Based on these past events there is a 75% chance of this. We expect UB to trend downwards 2 hours following the event release at 2025-03-03 15:00 if the released value is < 50.5. A price movement of 12343 pips is expected. Historical events that allowed us to draw this conclusion
01 Nov 14:00 |
01 Oct 14:00 |
03 Sep 14:00 |
01 Aug 14:00 |
01 Jul 14:00 |
01 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
