Based on past United Kingdom Unemployment Rate news events there is a 75% chance of NIY trending downwards. We expect this to happen because the released value is > 3.8%. A price movement of 13250 pips is expected.
Historical events that allowed us to draw this conclusion
15 Aug 06:00 |
11 Jul 06:00 |
18 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
