We expect a $7,838.5 movement on MW within 48 hours following the release of GDP Growth Rate QoQ at 04 Dec 00:30. We expect MW to trend downwards 48 hours following the event release at 04 Dec 00:30 if the released value is < 0.5%. A price movement of 1,525 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”).
