We expect a $243 movement on ZB within the next 48 hours. We expect ZB to trend downwards 48 hours following the Deposit Facilty Rate events in Euro Area release because the released value is = 2%. A price movement of 69 pips is expected.
Historical events that allowed us to draw this conclusion
05 Jun 12:15 |
17 Apr 12:15 |
12 Dec 13:15 |
17 Oct 12:15 |
18 Jul 12:15 |
06 Jun 12:15 |
11 Apr 12:15 |
07 Mar 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
