Based on the last 12 Inflation Rate YoY events in United States, we expect a 159 pip movement on DX within 4 hours following the event release at 2023-08-10 12:30. We expect DX to trend downwards 4 hours following the event release at 2023-08-10 12:30 if the released value is < 3.3% Historical events that allowed us to draw this conclusion
12 Jul 12:30 |
10 May 12:30 |
12 Apr 12:30 |
13 Dec 13:30 |
10 Nov 13:30 |
10 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).