We expect a $310 movement on EURUSD within 2 hours following the release of Inflation Rate YoY at 16 Oct 12:30. We expect EURUSD to trend upwards 2 hours following the event release at 16 Oct 12:30 if the released value is = 2.1%. A price movement of 31 pips is expected.
Historical events that allowed us to draw this conclusion
17 Jul 12:30 |
15 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
