Based on the last 12 Inflation Rate YoY events in United States, we expect CRD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect CRD to trend upwards 48 hours following the event release at 13 Nov 13:30 if the released value is < 1.7%. A price movement of 593 pips is expected. Historical events that allowed us to draw this conclusion
10 Oct 12:30 |
12 Sep 12:30 |
12 Jun 12:30 |
12 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
