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We expect HG to trend upwards today with a 80% chance.

Based on the last 12 Unemployment Rate events in Euro Area, we expect HG to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is = 7.5%

Historical events that allowed us to draw this conclusion

01 Sep 09:00
01 Feb 10:00
02 Dec 10:00
30 Oct 10:00

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

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We expect DX to trend upwards today with a 71.43% chance.

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We expect DX to trend downwards today.

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