Based on the last 12 Ifo Business Climate events in DE, we expect a $100 movement on EURUSD within 2 hours following the event release at 25 Oct 08:00.
We expect EURUSD to trend up 2 hours following the event release at 25 Oct 08:00 if the released value is < 103
Historical events that allowed us to draw this conclusion
25 May 08:00 |
24 Apr 08:00 |
22 Feb 09:00 |
19 Dec 09:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
