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There is a 75% chance of HE trending upwards

Based on past Germany Inflation Rate YoY Prel news events there is a 75% chance of HE trending upwards. We expect this to happen because the released value is < -0.1%. A price movement of 1,293 pips is expected. Historical events that allowed us to draw this conclusion

31 Aug 12:00
30 Jul 12:00
28 Nov 13:00
30 Sep 12:00

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

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