Based on past Euro Area GDP Growth Rate QoQ Flash news events there is a 75% chance of KC trending downwards. We expect this to happen because the released value is < -12%. A price movement of 219 pips is expected. Historical events that allowed us to draw this conclusion
30 Apr 09:00 |
31 Jan 10:00 |
31 Jul 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
