Based on the last 12 Inflation Rate YoY events in United States, we expect a 0 pip movement on BP for the next 2 hours. We expect BP to trend upwards for 2 hours because the released value is > 1.3%
Historical events that allowed us to draw this conclusion
11 Sep 12:30 |
12 Aug 12:30 |
11 Mar 12:30 |
13 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).