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We expect TN to trend downwards today with a 66.67% chance.

We expect TN to trend downwards later today. Based on these past Euro Area Business Confidence news events there is a 66.67% chance of this. We expect this to happen if the released value is < -3. A price movement of 130 pips is expected. Historical events that allowed us to draw this conclusion

29 Apr 09:25
30 Mar 09:00
30 Jan 10:00
08 Jan 10:00
28 Nov 10:00
30 Jul 09:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect a $49.926 movement on CRD within the next 12 hours.

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