We expect NQ to trend downwards later today. Based on these past Germany Inflation Rate YoY Prel news events there is a 80% chance of this. We expect this to happen if the released value is < 6.5%. A price movement of 11787 pips is expected. Historical events that allowed us to draw this conclusion
09 Feb 07:00 |
03 Jan 13:00 |
29 Nov 13:00 |
29 Jun 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
