We expect a $7,257,900 movement on NIY within 4 hours following the release of Inflation Rate YoY Prel at 29 Jul 12:00. We expect NIY to trend upwards 4 hours following the event release at 29 Jul 12:00 if the released value is = 3.3%. A price movement of 26,000 pips is expected.
Historical events that allowed us to draw this conclusion
29 Jun 12:00 |
06 Jan 13:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
