Based on the last 12 Unemployment Rate events in Germany, we expect BO to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect BO to trend upwards 12 hours following the event release at 30 Nov 08:55 if the released value is = 5.3%. A price movement of 181 pips is expected.
Historical events that allowed us to draw this conclusion
30 Jun 07:55 |
01 Jun 07:55 |
31 Mar 07:55 |
02 Mar 08:55 |
05 Jan 08:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
