We expect a $5.626 movement on CRD within 2 hours following the release of Unemployment Rate at 30 Aug 09:00. We expect CRD to trend upwards 2 hours following the event release at 30 Aug 09:00 if the released value is = 7.5%. A price movement of 10 pips is expected.
Historical events that allowed us to draw this conclusion
31 Jul 09:00 |
01 Apr 09:00 |
31 Jan 10:00 |
01 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
