Based on the last 12 Inflation Rate YoY Prel events in Italy, we expect EURUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect EURUSD to trend upwards 2 hours following the event release at 2025-04-30 09:00 if the released value is = 2%. A price movement of 12 pips is expected.
Historical events that allowed us to draw this conclusion
28 Feb 10:00 |
29 Nov 10:00 |
31 May 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
