Based on the last 12 Personal Income MoM events in United States, we may expect LE to trend downwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because the released value is > 0.2%. A price movement of 89 pips may be experienced.
Historical events that allowed us to draw this conclusion
30 May 12:30 |
30 Apr 14:00 |
28 Mar 12:30 |
28 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
