We expect NQ to trend downwards later today. Based on these past France Inflation Rate YoY Prel news events there is a 66.67% chance of this. We expect this to happen if the released value is > 1.0%. A price movement of 33 pips is expected.
Historical events that allowed us to draw this conclusion
27 Jun 06:45 |
31 Oct 07:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
