We expect a $2366070 movement on C within 4 hours following the release of Consumer Confidence Flash at 2022-12-20 15:00. We expect C to trend downwards 4 hours following the event release at 2022-12-20 15:00 if the released value is < -22. A price movement of 118600 pips is expected. Historical events that allowed us to draw this conclusion
20 Jul 14:00 |
22 Jun 14:00 |
23 Mar 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
