Based on the last 12 Inflation Rate YoY events in United States, we expect TN to trend upwards later today. Based on these past events there is a 75% chance of this. We expect TN to trend upwards 48 hours following the event release at 11 Aug 12:30 if the released value is > 5.3%. A price movement of 117 pips is expected.
Historical events that allowed us to draw this conclusion
13 Jul 12:30 |
10 Jun 12:30 |
12 May 12:30 |
13 Apr 12:30 |
13 Jan 13:30 |
10 Dec 13:30 |
11 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
