We expect a $3.764 movement on SI within 2 hours following the release of Ivey PMI s.a at 06 Aug 14:00. We expect SI to trend upwards 2 hours following the event release at 06 Aug 14:00 if the released value is < 70. A price movement of 15 pips is expected. Historical events that allowed us to draw this conclusion
04 Jun 14:00 |
07 Jan 15:00 |
07 Dec 15:00 |
07 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
