We expect a $672.9 movement on PA within 2 hours following the release of Unemployment Rate at 30 Jan 23:30. We expect PA to trend downwards 2 hours following the event release at 30 Jan 23:30 if the released value is > 2.3%. A price movement of 30 pips is expected.
Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).