We expect a $2.361 movement on CT within 2 hours following the release of Unemployment Rate at 29 Aug 23:30. We expect CT to trend upwards 2 hours following the event release at 29 Aug 23:30 if the released value is < 2.4%. A price movement of 4 pips is expected. Historical events that allowed us to draw this conclusion
29 Jul 23:30 |
28 Mar 23:30 |
29 Oct 23:30 |
27 Sep 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).