Based on the last 12 Unemployment Rate events in Euro Area, we expect a $0 movement on RU within 12 hours following the event release at 09 Jan 10:00. We expect RU to trend downwards 12 hours following the event release at 09 Jan 10:00 if the released value is = 7.5%
Historical events that allowed us to draw this conclusion
29 Nov 10:00 |
30 Aug 09:00 |
31 Jul 09:00 |
31 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
