We expect a $180.406 movement on ZB within 12 hours following the release of Balance of Trade at 12 May 06:00. We expect ZB to trend upwards 12 hours following the event release at 12 May 06:00 if the released value is < £-6.1B. A price movement of 115 pips is expected. Historical events that allowed us to draw this conclusion
13 Apr 06:00 |
15 Jan 07:00 |
10 Dec 07:00 |
11 Sep 06:00 |
13 May 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).