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We expect a 7 pip movement on ZT within 2 hours following the event release.

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a 7 pip movement on ZT within 2 hours following the event release at 12 Jun 14:00 UTC. We expect ZT to trend downwards 2 hours following the event release at 12 Jun 14:00 UTC if the released value is > 75

Historical events that allowed us to draw this conclusion

15 May 14:00
14 Feb 15:00
11 Oct 14:00
13 Sep 14:00

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

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