Based on the last 12 Unemployment Rate events in Euro Area, we expect a $126 movement on DX within 48 hours following the event release at 2022-09-30 09:00. We expect DX to trend upwards 48 hours following the event release at 2022-09-30 09:00 if the released value is = 6.6%
Historical events that allowed us to draw this conclusion
01 Sep 09:00 |
01 Aug 09:00 |
01 Jun 09:00 |
02 Dec 10:00 |
03 Nov 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).