Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 128 pip movement on DX within 48 hours following the event release at 30 Nov 13:00 UTC. We expect DX to trend downwards 48 hours following the event release at 30 Nov 13:00 UTC if the released value is = -0.1%
Historical events that allowed us to draw this conclusion
28 May 12:00 |
28 Feb 13:00 |
30 Jan 13:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
