Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $20.469 movement on DX within 4 hours following the event release at 04 Dec 15:00. We expect DX to trend downwards 4 hours following the event release at 04 Dec 15:00 if the released value is < 54.5 Historical events that allowed us to draw this conclusion
05 Aug 14:00 |
03 May 14:00 |
03 Apr 14:00 |
07 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).