Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 0 pip movement on NE for the next 4 hours. We expect NE to trend downwards for 4 hours because the released value is > 1.4%
Historical events that allowed us to draw this conclusion
30 Jul 12:00 |
30 Apr 12:00 |
28 Feb 13:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
