We expect 6C to trend upwards later today. Based on these past Euro Area GDP Growth Rate QoQ Flash news events there is a 66.67% chance of this. We expect this to happen if the released value is < -3.5%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
30 Oct 10:00 |
31 Jul 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
