Based on the last 12 Deposit Facilty Rate events in Euro Area, we may expect EMD to trend upwards right now. Based on these past events there is a 72.73% chance of this. We made this conclusion because the released value is = 2%. A price movement of 431 pips may be experienced.
Historical events that allowed us to draw this conclusion
17 Apr 12:15 |
06 Mar 13:15 |
30 Jan 13:15 |
12 Sep 12:15 |
06 Jun 12:15 |
11 Apr 12:15 |
07 Mar 13:15 |
25 Jan 13:15 |
14 Dec 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
