Based on the last 12 Unemployment Rate events in France, we may see a 3,212 pip movement on ES within 48 hours following the event release at 17 May 05:30 UTC. ES may trend upwards 48 hours following the event release at 17 May 05:30 UTC if the released value is > 7.4%
Historical events that allowed us to draw this conclusion
13 Aug 05:30 |
10 Nov 06:30 |
14 Nov 06:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
