Based on the last 12 Unemployment Rate events in Germany, we expect a 2,300 pip movement on CC within 12 hours following the event release at 31 Mar 07:55 UTC. We expect CC to trend upwards 12 hours following the event release at 31 Mar 07:55 UTC if the released value is = 6%
Historical events that allowed us to draw this conclusion
02 Mar 08:55 |
01 Sep 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).