We expect a $3.055 movement on ZR within 2 hours following the release of Ifo Business Climate at 24 Jun 08:00. We expect ZR to trend upwards 2 hours following the event release at 24 Jun 08:00 if the released value is < 85. A price movement of 25 pips is expected. Historical events that allowed us to draw this conclusion
24 Apr 08:00 |
25 Mar 09:00 |
27 Jan 09:00 |
26 Aug 08:00 |
25 Jul 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
