We expect 6C to trend upwards later today. Based on these past Euro Area Consumer Confidence Flash news events there is a 66.67% chance of this. We expect this to happen if the released value is > -7. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
23 Jul 14:00 |
23 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
