Based on the last 12 Ifo Business Climate events in Germany, we expect a $92.391 movement on UB within 4 hours following the event release at 22 Feb 09:00. We expect UB to trend downwards 4 hours following the event release at 22 Feb 09:00 if the released value is > 96.5
Historical events that allowed us to draw this conclusion
25 Jan 09:00 |
25 May 08:00 |
26 Mar 09:00 |
22 Feb 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
