We expect a $6.974 movement on SI within 2 hours following the release of Michigan Consumer Sentiment Prel at 14 Aug 14:00. We expect SI to trend upwards 2 hours following the event release at 14 Aug 14:00 if the released value is > 72. A price movement of 26 pips is expected.
Historical events that allowed us to draw this conclusion
15 May 14:00 |
11 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
