Based on the last 12 Industrial Production YoY events in Euro Area, we expect DX to trend upwards for the next 12 hours. Based on these past events there is a 83.33% chance of this. This may happen because the released value is > -2.4%
Historical events that allowed us to draw this conclusion
13 Jan 10:00 |
14 Dec 10:00 |
12 Jun 09:00 |
16 Apr 09:00 |
12 Mar 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
