We expect a $77,602.96 movement on RTY within 12 hours following the release of Unemployment Rate at 06 Apr 09:00. We expect RTY to trend upwards 12 hours following the event release at 06 Apr 09:00 if the released value is = 8.1%. A price movement of 3,440 pips is expected.
Historical events that allowed us to draw this conclusion
01 Feb 10:00 |
02 Dec 10:00 |
01 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).