We expect a $22.315 movement on DX within 12 hours following the release of GfK Consumer Confidence at 20 Dec 00:01. We expect DX to trend downwards 12 hours following the event release at 20 Dec 00:01 if the released value is > -14. A price movement of 23 pips is expected.
Historical events that allowed us to draw this conclusion
29 Mar 00:01 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
