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We expect a 2,300 pip movement on CC within 12 hours following the event release.

Based on the last 12 Unemployment Rate events in Germany, we expect a 2,300 pip movement on CC within 12 hours following the event release at 31 Mar 07:55 UTC. We expect CC to trend upwards 12 hours following the event release at 31 Mar 07:55 UTC if the released value is = 6%

Historical events that allowed us to draw this conclusion

02 Mar 08:55
01 Sep 07:55

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect GC to trend upwards today with a 66.67% chance.

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We expect UB to trend downwards today with a 75% chance.

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