Based on past Germany Inflation Rate YoY Prel news events there is a 80% chance of SB trending upwards. We expect this to happen if the released value is > 1.9%. A price movement of 12 pips is expected.
Historical events that allowed us to draw this conclusion
28 Jan 13:00 |
29 Oct 13:00 |
29 Jun 12:00 |
29 Apr 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).