Based on the last 12 ECB Interest Rate Decision events in Euro Area, ES could experience an downwards trend. Based on these past events there is a 75% chance of this, and the trend could last 2 hours because the released value is = 0%.
Historical events that allowed us to draw this conclusion
14 Apr 11:45 |
10 Mar 12:45 |
03 Feb 12:45 |
16 Dec 12:45 |
22 Jul 11:45 |
22 Apr 11:45 |
11 Mar 12:45 |
21 Jan 12:45 |
10 Dec 12:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
