Based on the last 12 GDP Growth Rate QoQ Flash events in Germany, we expect EURUSD to trend upwards right now. Based on these past events there is a 75% chance of this. This will happen because the released value is = -0.1%
Historical events that allowed us to draw this conclusion
15 May 06:00 |
14 Aug 06:00 |
14 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).