Based on past Euro Area ECB Interest Rate Decision news events there is a 83.33% chance of NE trending downwards. We expect this to happen if the released value is = 0%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
24 Oct 11:45 |
12 Sep 11:45 |
25 Jul 11:45 |
06 Jun 11:45 |
07 Mar 12:45 |
24 Jan 12:45 |
13 Dec 12:45 |
25 Oct 11:45 |
26 Jul 11:45 |
14 Jun 11:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
