We expect a 4,874 pip movement on RTY within 48 hours following the event release.

Based on the last 12 Unemployment Rate events in Germany, we expect a 4,874 pip movement on RTY within 48 hours following the event release at 01 Jul 07:55 UTC. We expect RTY to trend downwards 48 hours following the event release at 01 Jul 07:55 UTC if the released value is = 6.6%

Historical events that allowed us to draw this conclusion

30 Jan 08:55

29 Nov 08:55

30 Oct 08:55

30 Sep 07:55

31 Jul 07:55

01 Jul 07:55

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