We expect a $92846 movement on S within 48 hours following the release of Balance of Trade at 2023-06-07 12:30. We expect S to trend upwards 48 hours following the event release at 2023-06-07 12:30 if the released value is > $-75.2B. A price movement of 6837 pips is expected.
Historical events that allowed us to draw this conclusion
06 Dec 13:30 |
05 Oct 12:30 |
04 Aug 12:30 |
07 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).