Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a 15 pip movement on SB within 2 hours following the event release at 11 Mar 12:45 UTC. We expect SB to trend downwards 2 hours following the event release at 11 Mar 12:45 UTC if the released value is = 0%
Historical events that allowed us to draw this conclusion
21 Jan 12:45 |
10 Dec 12:45 |
29 Oct 12:45 |
10 Sep 11:45 |
16 Jul 11:45 |
04 Jun 11:45 |
30 Apr 11:45 |
23 Jan 12:45 |
12 Sep 11:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
