Based on the last 12 Unemployment Rate events in Germany, we expect NG to trend downwards for the next 4 hours. Based on these past events there is a 66.67% chance of this. This may happen because the released value is = 6%
Historical events that allowed us to draw this conclusion
05 Jan 08:55 |
01 Sep 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).