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We expect a 92 pip movement on EMD for the next 2 hours.

Based on the last 12 Inflation Rate YoY Prel events in France, we could see a 92 pip movement on EMD for the next 2 hours. EMD could trend upwards for 2 hours because the released value is < 1.0% Historical events that allowed us to draw this conclusion

28 Feb 07:45
07 Jan 07:45
29 Nov 07:45
27 Sep 06:45
31 Jul 06:45
28 Jun 06:45
29 Mar 07:45

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

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We expect a 27 pip movement on NZDUSD within 2 hours following the event release.

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