Based on past Germany Ifo Business Climate news events there is a 66.67% chance of NQ trending upwards. We expect this to happen because the released value is > 88.6. A price movement of 2549 pips is expected.
Historical events that allowed us to draw this conclusion
24 Jun 08:00 |
22 May 08:00 |
24 Apr 08:00 |
25 Oct 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
