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There is a 75% chance of 6C trending upwards

Based on past Germany Balance of Trade news events there is a 75% chance of 6C trending upwards. We expect this to happen because the released value is < € 17.7B. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

08 Oct 06:00
09 Sep 06:00
09 Aug 06:00
09 Apr 06:00
09 Feb 07:00
09 Dec 07:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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