Based on the last 12 Inflation Rate YoY Flash events in Euro Area, we may expect EURUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because the released value is < 2%. A price movement of 21 pips may be experienced. Historical events that allowed us to draw this conclusion
01 Apr 09:00 |
01 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
