We expect a $627.818 movement on UB within the next 2 hours. We expect UB to trend downwards 2 hours following the ECB Interest Rate Decision events in Euro Area release because the released value is = 0%. A price movement of 284 pips is expected.
Historical events that allowed us to draw this conclusion
04 Jun 11:45 |
12 Mar 12:45 |
12 Dec 12:45 |
25 Jul 11:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
