Based on the last 12 Unemployment Rate events in Euro Area, we expect a $189232 movement on CC within 12 hours following the event release at 2023-06-30 09:00. We expect CC to trend upwards 12 hours following the event release at 2023-06-30 09:00 if the released value is = 6.5%
Historical events that allowed us to draw this conclusion
03 Nov 10:00 |
30 Sep 09:00 |
01 Aug 09:00 |
01 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).