We expect a $0 movement on RU within 48 hours following the release of GDP Growth Rate QoQ Final at 22 Dec 07:00. We expect RU to trend upwards 48 hours following the event release at 22 Dec 07:00 if the released value is > 1.3%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
30 Sep 06:00 |
22 Dec 07:00 |
30 Sep 06:00 |
20 Dec 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).