Based on the last 12 Deposit Facilty Rate events in Euro Area, we could see a 45 pip movement on NKD for the next 2 hours. NKD could trend upwards for 2 hours because the released value is = 2.25%
Historical events that allowed us to draw this conclusion
06 Mar 13:15 |
30 Jan 13:15 |
12 Dec 13:15 |
18 Jul 12:15 |
11 Apr 12:15 |
07 Mar 13:15 |
25 Jan 13:15 |
14 Dec 13:15 |
26 Oct 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
