Based on the last 12 Retail Sales MoM events in United States, we expect CC to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect CC to trend downwards 12 hours following the event release at 2023-03-15 12:30 if the released value is < -0.3%. A price movement of 5950 pips is expected. Historical events that allowed us to draw this conclusion
18 Jan 13:30 |
15 Dec 13:30 |
14 Oct 12:30 |
14 Apr 12:30 |
16 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
