Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect a 70 pip movement on BZ within 2 hours following the event release at 19 Dec 13:30 UTC. We expect BZ to trend upwards 2 hours following the event release at 19 Dec 13:30 UTC if the released value is < 8 Historical events that allowed us to draw this conclusion
17 Oct 12:30 |
20 Jun 12:30 |
21 Feb 13:30 |
20 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
