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There is a 81.82% chance of BZ trending downwards

Based on past Germany Unemployment Rate news events there is a 81.82% chance of BZ trending downwards. We expect this to happen if the released value is = 5.1%. A price movement of 383 pips is expected.

Historical events that allowed us to draw this conclusion

30 Jan 08:55
29 Nov 08:55
30 Oct 08:55
30 Sep 07:55
29 Aug 07:55
31 Jul 07:55
01 Jul 07:55

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

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We expect a 812 pip movement on MW within 4 hours following the event release.

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