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We expect a $3,821,300 movement on NIY within the next 2 hours.

We expect a $3,821,300 movement on NIY within the next 2 hours. We expect NIY to trend upwards 2 hours following the GDP Growth Rate QoQ 1st Est events in France release because the released value is > 2.1%. A price movement of 13,250 pips is expected.

Historical events that allowed us to draw this conclusion

30 Jul 05:30
30 Apr 05:30
29 Jan 06:30
30 Oct 06:30
31 Jul 05:30
30 Oct 06:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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