Based on past Germany Balance of Trade news events there is a 80% chance of UB trending downwards. We expect this to happen because the released value is < €20.9B. A price movement of 26406 pips is expected. Historical events that allowed us to draw this conclusion
06 Sep 06:00 |
07 Aug 06:00 |
07 Jun 06:00 |
07 May 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
