Based on past United States Non Farm Payrolls news events there is a 66.67% chance of UB trending downwards. We expect this to happen because the released value is > 170K. A price movement of 239 pips is expected.
Historical events that allowed us to draw this conclusion
02 Jun 12:30 |
05 May 12:30 |
03 Feb 13:30 |
04 Nov 12:30 |
07 Oct 12:30 |
02 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
