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We expect YM to trend upwards today with a 85.71% chance.

Based on the last 12 Inflation Rate YoY Prel events in France, we expect YM to trend upwards later today. Based on these past events there is a 85.71% chance of this. This may happen if the released value is < 1.5% Historical events that allowed us to draw this conclusion

27 Sep 06:45
31 Jul 06:45
28 Jun 06:45
29 Mar 07:45
04 Jan 07:45
30 Nov 07:45

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

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We expect a 39 pip movement on NZDUSD within 12 hours following the event release.

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