Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect LE to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect LE to trend upwards 2 hours following the event release at 03 Sep 14:00 if the released value is < 57. A price movement of 147 pips is expected. Historical events that allowed us to draw this conclusion
03 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
