Based on past Euro Area Unemployment Rate news events there is a 83.33% chance of SI trending downwards. We expect this to happen because the released value is < 8.3%. A price movement of 116 pips is expected. Historical events that allowed us to draw this conclusion
08 Jan 10:00 |
01 Sep 09:00 |
03 Jun 09:00 |
30 Apr 09:00 |
01 Apr 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
