We expect UB to trend upwards for the next 48 hours. Based on these past United States Michigan Consumer Sentiment Prel news events there is a 66.67% chance of this. We expect this to happen because the released value is < 86.5. A price movement of 70 pips is expected. Historical events that allowed us to draw this conclusion
16 Apr 14:00 |
15 Jan 15:00 |
13 Nov 15:00 |
17 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
