Based on past Euro Area Industrial Production YoY news events there is a 66.67% chance of GC trending upwards. We expect this to happen if the released value is < 0.9%. A price movement of 1234 pips is expected. Historical events that allowed us to draw this conclusion
15 Feb 10:00 |
15 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
