We expect a $9516 movement on S within 2 hours following the release of Ifo Business Climate at 2022-12-19 09:00. We expect S to trend upwards 2 hours following the event release at 2022-12-19 09:00 if the released value is > 87.4. A price movement of 650 pips is expected.
Historical events that allowed us to draw this conclusion
24 Nov 09:00 |
25 Oct 08:00 |
25 Apr 08:00 |
22 Feb 09:00 |
25 Jan 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
