We expect ZC to trend upwards later today. Based on these past Euro Area Inflation Rate YoY Flash news events there is a 75% chance of this. We expect this to happen if the released value is < 1.9%. A price movement of 2550 pips is expected. Historical events that allowed us to draw this conclusion
03 Jun 09:00 |
01 Apr 09:00 |
01 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
