We expect a $20313 movement on GC within 2 hours following the release of Balance of Trade at 2024-12-13 07:00. We expect GC to trend downwards 2 hours following the event release at 2024-12-13 07:00 if the released value is > €16.1B. A price movement of 75 pips is expected.
Historical events that allowed us to draw this conclusion
09 Oct 06:00 |
08 Jul 06:00 |
06 Mar 07:00 |
05 Feb 07:00 |
08 Jan 07:00 |
04 Dec 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).