Based on the last 12 Unemployment Rate events in Euro Area, CRD could experience an upwards trend. Based on these past events there is a 75% chance of this, and the trend could last 48 hours because the released value is < 6.8%. Historical events that allowed us to draw this conclusion
03 Mar 10:00 |
01 Feb 10:00 |
01 Jul 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).