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We expect a 0 pip movement on 6J for the next 48 hours.

Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 0 pip movement on 6J for the next 48 hours. We expect 6J to trend downwards for 48 hours because the released value is > 5%

Historical events that allowed us to draw this conclusion

28 Oct 12:00
29 Apr 12:00
01 Mar 13:00
28 Jan 13:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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