Based on the last 12 Unemployment Rate events in France, we expect a $0 movement on 6E within 12 hours following the event release at 19 Nov 06:30. We expect 6E to trend downwards 12 hours following the event release at 19 Nov 06:30 if the released value is < 7.8% Historical events that allowed us to draw this conclusion
16 Feb 06:30 |
14 May 05:30 |
13 Feb 06:30 |
14 Aug 05:30 |
16 May 05:30 |
20 Nov 06:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).