Based on the last 12 Unemployment Rate events in Euro Area, we expect S to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 6.6%
Historical events that allowed us to draw this conclusion
01 Feb 10:00 |
31 Mar 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
