Based on the last 12 Unemployment Rate events in Germany, we expect a 4,874 pip movement on RTY within 48 hours following the event release at 01 Jul 07:55 UTC. We expect RTY to trend downwards 48 hours following the event release at 01 Jul 07:55 UTC if the released value is = 6.6%
Historical events that allowed us to draw this conclusion
30 Jan 08:55 |
29 Nov 08:55 |
30 Oct 08:55 |
30 Sep 07:55 |
31 Jul 07:55 |
01 Jul 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
