We expect a $8.422 movement on ZR within 48 hours following the release of GDP Growth Rate QoQ at 01 Dec 06:45. We expect ZR to trend downwards 48 hours following the event release at 01 Dec 06:45 if the released value is > 5.9%. A price movement of 67 pips is expected.
Historical events that allowed us to draw this conclusion
30 Nov 06:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
