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We expect a 647 pip movement on KC within 12 hours following the event release.

Based on the last 12 Continuing Jobless Claims events in United States, we expect a 647 pip movement on KC within 12 hours following the event release at 13 Jan 13:30 UTC. We expect KC to trend downwards 12 hours following the event release at 13 Jan 13:30 UTC if the released value is < 1733K Historical events that allowed us to draw this conclusion

30 Dec 13:30
16 Dec 13:30
18 Nov 13:30
04 Nov 12:30
28 Oct 12:30
21 Oct 12:30

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

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