Based on the last 12 Inflation Rate YoY Prel events in Germany, we may expect GC to trend upwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because because the released value is < 4%. A price movement of 1054 pips may be experienced. Historical events that allowed us to draw this conclusion
31 May 12:00 |
28 Apr 12:00 |
09 Feb 07:00 |
03 Jan 13:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
