We expect a $340559 movement on NQ within 2 hours following the release of Unemployment Rate.

Based on past Germany Unemployment Rate news events there is a 85.71% chance of NQ trending downwards. We expect this to happen if the released value is = 5.5%. A price movement of 3012 pips is expected.

Historical events that allowed us to draw this conclusion

31 Aug 07:55

29 Jul 07:55

31 May 07:55

03 May 07:55

31 Mar 07:55

30 Nov 08:55

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