We expect FF to trend upwards for the next 48 hours. Based on these past Germany Inflation Rate YoY Prel news events there is a 75% chance of this. We expect this to happen because the released value is = 0.6%. A price movement of 57 pips is expected.
Historical events that allowed us to draw this conclusion
30 Mar 12:00 |
28 Feb 13:00 |
30 Jan 13:00 |
30 Oct 13:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
