We expect a $1,501,562.5 movement on NIY within 4 hours following the release of Balance of Trade at 11 Mar 09:30. We expect NIY to trend downwards 4 hours following the event release at 11 Mar 09:30 if the released value is < £-3.7B. A price movement of 7,750 pips is expected. Historical events that allowed us to draw this conclusion
11 Nov 09:30 |
10 May 08:30 |
12 Mar 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
