Based on past United States Core Inflation Rate YoY news events there is a 66.67% chance of EURUSD trending downwards. We expect this to happen because the released value is > 2.3%. A price movement of 54 pips is expected.
Historical events that allowed us to draw this conclusion
13 Aug 12:30 |
11 Jul 12:30 |
13 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
