Based on past United States Philadelphia Fed Manufacturing Index news events there is a 71.43% chance of HE trending upwards. We expect this to happen if the released value is > 8. A price movement of 302 pips is expected.
Historical events that allowed us to draw this conclusion
19 Sep 12:30 |
15 Aug 12:30 |
18 Jul 12:30 |
16 May 12:30 |
21 Mar 12:30 |
17 Jan 13:30 |
18 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
