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We expect a $0 movement on 6M within the next 2 hours.

Based on the last 12 Business Confidence events in Euro Area, we expect a $0 movement on 6M within the next 2 hours. We expect 6M to trend downwards for the next 2 hours because the released value is < -0.16 Historical events that allowed us to draw this conclusion

28 Nov 10:00
27 Sep 09:00
27 Jun 09:00
28 May 09:00
29 Apr 09:00
28 Mar 10:00
30 Jan 10:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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