Based on the last 12 Unemployment Rate events in Euro Area, we expect a $0 movement on 6C within 2 hours following the event release at 31 Mar 09:00. We expect 6C to trend downwards 2 hours following the event release at 31 Mar 09:00 if the released value is = 6.7%
Historical events that allowed us to draw this conclusion
10 Jan 10:00 |
02 Dec 10:00 |
30 Sep 09:00 |
01 Sep 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
