We expect a $8,398,425 movement on NIY within the next 48 hours. We expect NIY to trend upwards 48 hours following the Industrial Production YoY events in Euro Area release because the released value is > 4.7%. A price movement of 29,750 pips is expected.
Historical events that allowed us to draw this conclusion
14 Jun 09:00 |
12 Mar 10:00 |
13 Jan 10:00 |
14 Dec 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
