We expect a $0 movement on RA within 2 hours following the release of Consumer Confidence at 29 Aug 05:00. We expect RA to trend downwards 2 hours following the event release at 29 Aug 05:00 if the released value is < 37.6. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
