Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 0 pip movement on 6J for the next 48 hours. We expect 6J to trend downwards for 48 hours because the released value is > 5%
Historical events that allowed us to draw this conclusion
28 Oct 12:00 |
29 Apr 12:00 |
01 Mar 13:00 |
28 Jan 13:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
