Based on the last 12 Ifo Business Climate events in Germany, we expect a $0.029 movement on HG within the next 12 hours. We expect HG to trend upwards for the next 12 hours because the released value is > 89.3
Historical events that allowed us to draw this conclusion
24 Jun 08:00 |
25 May 08:00 |
24 Feb 09:00 |
18 Dec 09:00 |
25 Oct 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
