Based on the last 12 Unemployment Rate events in Euro Area, we expect a $130.904 movement on KC within 2 hours following the event release at 30 Aug 09:00. We expect KC to trend upwards 2 hours following the event release at 30 Aug 09:00 if the released value is = 7.5%
Historical events that allowed us to draw this conclusion
31 Jul 09:00 |
31 Jan 10:00 |
01 Oct 09:00 |
31 Aug 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
