Based on the last 12 Personal Income MoM events in United States, we expect CC to trend upwards later today. Based on these past events there is a 75% chance of this. We expect CC to trend upwards 2 hours following the event release at 2024-11-27 13:30 if the released value is < 0.3%. A price movement of 148 pips is expected. Historical events that allowed us to draw this conclusion
27 Sep 12:30 |
26 Jul 12:30 |
29 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
