We expect a $193,231 movement on CC within 12 hours following the release of Balance of Trade at 04 Mar 00:30. We expect CC to trend downwards 12 hours following the event release at 04 Mar 00:30 if the released value is < A$6.5B. A price movement of 7,300 pips is expected. Historical events that allowed us to draw this conclusion
06 Oct 00:30 |
03 Sep 01:30 |
04 Aug 01:30 |
02 Jul 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
