Based on past United States Durable Goods Orders MoM news events there is a 77.78% chance of ZN trending upwards. We expect this to happen if the released value is > 4.3%. A price movement of 127 pips is expected.
Historical events that allowed us to draw this conclusion
27 Jul 12:30 |
25 Jun 12:30 |
25 Mar 12:30 |
27 Feb 13:30 |
28 Jan 13:30 |
26 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
