We expect 6E to trend downwards later today. Based on these past France Unemployment Rate news events there is a 66.67% chance of this. We expect this to happen if the released value is < 8.6%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
16 Feb 06:30 |
13 Feb 06:30 |
14 Aug 05:30 |
16 May 05:30 |
20 Nov 06:30 |
14 Aug 05:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
