Based on the last 12 Ifo Business Climate events in Germany, we expect GF to trend upwards later today. Based on these past events there is a 85.71% chance of this. We expect GF to trend upwards 4 hours following the event release at 2025-03-25 09:00 if the released value is < 86.8. A price movement of 617 pips is expected. Historical events that allowed us to draw this conclusion
24 Feb 09:00 |
17 Dec 09:00 |
24 Sep 08:00 |
25 Jul 08:00 |
24 Jun 08:00 |
27 May 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
