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We expect ZC to trend upwards today with a 80% chance.

Based on the last 12 ISM Manufacturing PMI events in United States, we expect ZC to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > 48.4

Historical events that allowed us to draw this conclusion

02 Dec 15:00
01 Apr 14:00
01 Feb 15:00
03 Jan 15:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect USDJPY to trend upwards today with a 80% chance.

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