Based on the last 12 Consumer Confidence Flash events in Euro Area, we may see a 572 pip movement on GF within 12 hours following the event release at 21 Apr 14:00 UTC. GF may trend upwards 12 hours following the event release at 21 Apr 14:00 UTC if the released value is < -20 Historical events that allowed us to draw this conclusion
23 Mar 15:00 |
21 Dec 15:00 |
22 Nov 15:00 |
22 Jul 14:00 |
22 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).