Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect EURUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect EURUSD to trend upwards 2 hours following the event release at 30 Nov 13:00 if the released value is < -0.1%. A price movement of 40 pips is expected. Historical events that allowed us to draw this conclusion
29 Sep 12:00 |
30 Jul 12:00 |
28 Nov 13:00 |