Based on the last 12 Unemployment Rate events in Germany, we expect HG to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is = 6.1%
Historical events that allowed us to draw this conclusion
05 Jan 08:55 |
28 Feb 08:55 |
30 Jan 08:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).