Based on the last 12 Inflation Rate YoY events in United States, we expect C to trend downwards. Based on these past events there is a 66.67% chance of this. We expect C to trend downwards for 2 hours because the released value is = 6.8%. A price movement of 425 pips is expected.
Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
