Based on the last 12 Ifo Business Climate events in Germany, we expect EURUSD to trend upwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is > 85
Historical events that allowed us to draw this conclusion
25 May 08:00 |
18 Dec 09:00 |
25 Oct 08:00 |
24 Sep 08:00 |
24 Jun 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
