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We expect a $0 movement on 6C within 12 hours following the release of New Home Sales.

We expect a $0 movement on 6C within 12 hours following the release of New Home Sales at 24 Feb 15:00. We expect 6C to trend upwards 12 hours following the event release at 24 Feb 15:00 if the released value is < 0.806M. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

23 Dec 15:00
24 Nov 15:00
26 Jul 14:00
25 May 14:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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