Based on the last 12 Unemployment Rate events in Germany, we expect a 0 pip movement on 6J within 12 hours following the event release at 01 Dec 08:55 UTC. We expect 6J to trend upwards 12 hours following the event release at 01 Dec 08:55 UTC if the released value is < 6.3% Historical events that allowed us to draw this conclusion
30 Sep 07:55 |
30 Jul 07:55 |
01 Jul 07:55 |
31 Mar 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
