We expect a $33.506 movement on UB within 2 hours following the release of Michigan Consumer Sentiment Prel at 10 Dec 15:00. We expect UB to trend upwards 2 hours following the event release at 10 Dec 15:00 if the released value is > 67.1. A price movement of 17 pips is expected.
Historical events that allowed us to draw this conclusion
12 Mar 15:00 |
11 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
