Based on past France Unemployment Rate news events there is a 75% chance of ZW trending downwards. We expect this to happen because the released value is > 7.3%. A price movement of 1387 pips is expected.
Historical events that allowed us to draw this conclusion
19 Nov 06:30 |
13 Aug 05:30 |
10 Nov 06:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
