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We expect LB to trend downwards today with a 83.33% chance.

Based on the last 12 Unemployment Rate events in Euro Area, we expect LB to trend downwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is = 7.4%

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”).

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