We expect NE to trend downwards later today. Based on these past France Unemployment Rate news events there is a 66.67% chance of this. We expect this to happen if the released value is > 8.4%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
23 May 05:30 |
17 Nov 06:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).