Based on the last 12 Unemployment Rate events in Euro Area, we expect C to trend upwards later today. Based on these past events there is a 75% chance of this. We expect C to trend upwards 4 hours following the event release at 2023-03-31 09:00 if the released value is < 6.7%. A price movement of 91262 pips is expected. Historical events that allowed us to draw this conclusion
01 Dec 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
