Based on the last 12 Ifo Business Climate events in Germany, we expect a 41 pip movement on SB within 12 hours following the event release at 27 Jan 09:00 UTC. We expect SB to trend downwards 12 hours following the event release at 27 Jan 09:00 UTC if the released value is < 97 Historical events that allowed us to draw this conclusion
25 Jul 08:00 |
23 May 08:00 |
22 Feb 09:00 |
25 Jan 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
