Based on the last 12 Unemployment Rate events in France, we expect PL to trend downwards later today. Based on these past events there is a 75% chance of this. We expect PL to trend downwards 2 hours following the event release at 2022-08-12 05:30 if the released value is > 7.3%. A price movement of 604 pips is expected.
Historical events that allowed us to draw this conclusion
13 Aug 05:30 |
10 Nov 06:30 |
14 Nov 06:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
