We expect a $9300037 movement on NIY within 12 hours following the release of Non Farm Payrolls at 2023-06-02 12:30. We expect NIY to trend upwards 12 hours following the event release at 2023-06-02 12:30 if the released value is > 190K. A price movement of 29250 pips is expected.
Historical events that allowed us to draw this conclusion
05 May 12:30 |
03 Feb 13:30 |
06 Jan 13:30 |
02 Dec 13:30 |
04 Nov 12:30 |
05 Aug 12:30 |
08 Jul 12:30 |
03 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
