We expect NIY to trend downwards for the next 4 hours. Based on these past Germany Inflation Rate YoY Prel news events there is a 66.67% chance of this. We expect this to happen because the released value is < 0.2%. A price movement of 11,250 pips is expected. Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
