Based on the last 12 Inflation Rate YoY events in United States, we expect a 0 pip movement on 6E within 4 hours following the event release at 10 Feb 13:30 UTC. We expect 6E to trend downwards 4 hours following the event release at 10 Feb 13:30 UTC if the released value is > 1.5%
Historical events that allowed us to draw this conclusion
13 Jan 13:30 |
11 Sep 12:30 |
11 Mar 12:30 |
13 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).