Based on past Euro Area GDP Growth Rate QoQ Flash news events there is a 83.33% chance of 6E trending downwards. We expect this to happen if the released value is > 2%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
30 Jul 09:00 |
30 Apr 09:00 |
02 Feb 10:00 |
30 Oct 10:00 |
31 Oct 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
