Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 62 pip movement on UB within 4 hours following the event release at 25 Jun 12:30 UTC. We expect UB to trend downwards 4 hours following the event release at 25 Jun 12:30 UTC if the released value is < 10.9% Historical events that allowed us to draw this conclusion
24 Apr 12:30 |
23 Dec 13:30 |
26 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
