Based on the last 12 Industrial Production YoY events in Euro Area, we expect a $0 movement on BP within the next 4 hours. We expect BP to trend upwards for 4 hours because the released value is < -2.5% Historical events that allowed us to draw this conclusion
14 Aug 09:00 |
13 Feb 10:00 |
14 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
