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We expect a $0 movement on BP within 2 hours following the event release at 16 Jul 11:45.

Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a $0 movement on BP within 2 hours following the event release at 16 Jul 11:45. We expect BP to trend downwards 2 hours following the event release at 16 Jul 11:45 if the released value is = 0%

Historical events that allowed us to draw this conclusion

04 Jun 11:45
30 Apr 11:45
12 Mar 12:45
23 Jan 12:45
24 Oct 11:45
25 Jul 11:45
06 Jun 11:45
10 Apr 11:45
07 Mar 12:45

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

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