Based on the last 12 Unemployment Rate events in Germany, we expect a 0 pip movement on 6C within 2 hours following the event release at 29 Jul 07:55 UTC. We expect 6C to trend downwards 2 hours following the event release at 29 Jul 07:55 UTC if the released value is = 5.8%
Historical events that allowed us to draw this conclusion
30 Jun 07:55 |
01 Jun 07:55 |
29 Apr 07:55 |
31 Mar 07:55 |
01 Sep 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
