Based on the last 12 Continuing Jobless Claims events in United States, we expect NIY to trend upwards later today. Based on these past events there is a 75% chance of this. We expect NIY to trend upwards 4 hours following the event release at 19 Sep 12:30 if the released value is > 1672K. A price movement of 4,750 pips is expected.
Historical events that allowed us to draw this conclusion
01 Aug 12:30 |
11 Jul 12:30 |
03 Jul 12:30 |
27 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
