Based on the last 12 Unemployment Rate events in France, we expect UB to trend upwards later today. Based on these past events there is a 77.78% chance of this. We expect UB to trend upwards 2 hours following the event release at 10 Nov 06:30 if the released value is < 7.9%. A price movement of 81 pips is expected. Historical events that allowed us to draw this conclusion
13 Aug 05:30 |
14 May 05:30 |
13 Feb 06:30 |
14 Aug 05:30 |
16 May 05:30 |
14 Feb 06:30 |
20 Nov 06:30 |
14 Aug 05:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
