Based on past Italy Inflation Rate YoY Prel news events there is a 66.67% chance of CT trending downwards. We expect this to happen if the released value is < 1.5%. A price movement of 202 pips is expected. Historical events that allowed us to draw this conclusion
31 Oct 10:00 |
30 Sep 09:00 |
30 Aug 09:00 |
28 Jun 09:00 |
01 Mar 10:00 |
05 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).