We expect a $1308 movement on SM within 12 hours following the release of Unemployment Rate at 2025-07-11 12:30. We expect SM to trend downwards 12 hours following the event release at 2025-07-11 12:30 if the released value is > 7.1%. A price movement of 48 pips is expected.
Historical events that allowed us to draw this conclusion
09 May 12:30![]() |
06 Dec 13:30![]() |
06 Sep 12:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).