Based on the last 12 Inflation Rate YoY events in United States, we expect a 47,250 pip movement on NKD within 4 hours following the event release at 12 May 12:30 UTC. We expect NKD to trend upwards 4 hours following the event release at 12 May 12:30 UTC if the released value is > 0.4%
Historical events that allowed us to draw this conclusion
13 Feb 13:30 |
11 Dec 13:30 |
13 Nov 13:30 |
13 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
