Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect BZ to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect BZ to trend downwards 2 hours following the event release at 30 Apr 09:00 if the released value is < -3.5%. A price movement of 60 pips is expected. Historical events that allowed us to draw this conclusion
31 Jan 10:00 |
30 Oct 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
