Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 2,200 pip movement on CC within 2 hours following the event release at 27 Jan 13:30 UTC. We expect CC to trend upwards 2 hours following the event release at 27 Jan 13:30 UTC if the released value is > 0.9%
Historical events that allowed us to draw this conclusion
23 Dec 13:30 |
25 Nov 13:30 |
27 Oct 12:30 |
27 Jul 12:30 |
25 Jun 12:30 |
28 May 12:30 |
27 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
