Based on the last 12 Adp Employment Change events in United States, we expect DX to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect DX to trend upwards 2 hours following the event release at 30 Sep 12:15 if the released value is < 650K. A price movement of 13 pips is expected. Historical events that allowed us to draw this conclusion
02 Sep 12:15 |
06 May 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).