Based on the last 12 Inflation Rate YoY events in United States, we expect a 0 pip movement on 6S within 48 hours following the event release at 14 Sep 12:30 UTC. We expect 6S to trend upwards 48 hours following the event release at 14 Sep 12:30 UTC if the released value is > 5.3%
Historical events that allowed us to draw this conclusion
11 Aug 12:30 |
13 Jul 12:30 |
12 May 12:30 |
13 Apr 12:30 |
10 Dec 13:30 |
11 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).