Based on the last 12 Retail Sales MoM events in United States, we may expect LE to trend downwards right now. Based on these past events there is a 75% chance of this. We made this conclusion because the released value is < -0.7%. A price movement of 56 pips may be experienced. Historical events that allowed us to draw this conclusion
14 Feb 13:30 |
16 Jan 13:30 |
18 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
