Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 975 pip movement on MW for the next 4 hours. We expect MW to trend downwards for 4 hours because the released value is > -0.8%
Historical events that allowed us to draw this conclusion
26 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
