CRD could trend upwards later today. Based on these past Germany Balance of Trade news events there is a 70% chance of this. This could happen only if the released value is < €1.2B. The price movement may be as big as 1,328 pips. Historical events that allowed us to draw this conclusion
03 Jun 06:00 |
04 Mar 07:00 |
09 Feb 07:00 |
08 Oct 06:00 |
09 Sep 06:00 |
09 Aug 06:00 |
08 Jul 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
