Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect SB to trend downwards right now. Based on these past events there is a 81.82% chance of this. We expect SB to trend downwards for the next 2 hours because the released value is = 0%. A price movement of 15 pips is expected.
Historical events that allowed us to draw this conclusion
10 Dec 12:45 |
29 Oct 12:45 |
10 Sep 11:45 |
16 Jul 11:45 |
04 Jun 11:45 |
30 Apr 11:45 |
23 Jan 12:45 |
12 Sep 11:45 |
25 Jul 11:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
