We expect ZN to trend downwards for the next 48 hours. Based on these past United States Inflation Rate MoM news events there is a 66.67% chance of this. We expect this to happen because the released value is = 0.2%. A price movement of 64 pips is expected.
Historical events that allowed us to draw this conclusion
14 Aug 12:30 |
12 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).