Based on the last 12 Unemployment Change events in Germany, we expect a 0 pip movement on 6E within 2 hours following the event release at 01 Feb 08:55 UTC. We expect 6E to trend upwards 2 hours following the event release at 01 Feb 08:55 UTC if the released value is < -6K Historical events that allowed us to draw this conclusion
04 Jan 08:55 |
30 Nov 08:55 |
29 Jul 07:55 |
31 Mar 07:55 |
29 Jan 08:55 |
05 Jan 08:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).