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We expect a $0 movement on 6M within 48 hours following the release of Existing Home Sales.

We expect a $0 movement on 6M within 48 hours following the release of Existing Home Sales at 22 Oct 14:00. We expect 6M to trend downwards 48 hours following the event release at 22 Oct 14:00 if the released value is < 6.3M. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

22 Jul 14:00
22 Jun 14:00
21 Apr 14:00
21 Nov 15:00

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

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