Based on the last 12 Unemployment Rate events in United States, we expect NIY to trend downwards. Based on these past events there is a 66.67% chance of this. We expect NIY to trend downwards for 12 hours because the released value is < 3.7%. A price movement of 41,750 pips is expected. Historical events that allowed us to draw this conclusion
03 May 12:30 |
05 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
