We expect a $2700475 movement on C within 4 hours following the release of Philadelphia Fed Manufacturing Index at 2023-05-18 12:30. We expect C to trend upwards 4 hours following the event release at 2023-05-18 12:30 if the released value is > -19.8. A price movement of 115950 pips is expected.
Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
