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We expect EMD to trend upwards with a 66.67% chance.

Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, EMD may trend upwards for the next 12 hours. Based on these past events there is a 66.67% chance of this. This may happen because the released value is < 0.1% Historical events that allowed us to draw this conclusion

31 Oct 10:00
28 Apr 09:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect EURUSD to trend downwards today.

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We expect a 96 pip movement on DX within 48 hours following the event release.

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