Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $0.007 movement on NE within the next 48 hours. We expect NE to trend downwards for the next 48 hours because the released value is > 0%
Historical events that allowed us to draw this conclusion
|19 Aug 06:00|
|15 Jul 06:00|
|19 Feb 09:30|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).