We expect a $0 movement on 6S within 2 hours following the release of Ifo Business Climate at 24 Jun 08:00. We expect 6S to trend upwards 2 hours following the event release at 24 Jun 08:00 if the released value is > 100.6. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
25 May 08:00 |
26 Mar 09:00 |
22 Feb 09:00 |
18 Dec 09:00 |
25 Aug 08:00 |
24 Jun 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
