Based on the last 12 Balance of Trade events in United States, we expect EMD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > $-44B
Historical events that allowed us to draw this conclusion
02 Apr 12:30 |
06 Mar 13:30 |
07 Jan 13:30 |
05 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
