Based on the last 12 Unemployment Rate events in Germany, we expect a 78 pip movement on ZR within 48 hours following the event release at 30 Sep 07:55 UTC. We expect ZR to trend downwards 48 hours following the event release at 30 Sep 07:55 UTC if the released value is = 6.4%
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”).
