Based on the last 12 Existing Home Sales events in United States, we expect a 2,750 pip movement on NIY for the next 2 hours. We expect NIY to trend upwards for 2 hours because the released value is < 6.5M Historical events that allowed us to draw this conclusion
22 Dec 15:00 |
22 Jul 14:00 |
22 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).