Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect CC to trend downwards later today. Based on these past events there is a 75% chance of this. We expect CC to trend downwards 2 hours following the event release at 03 Mar 15:00 if the released value is > 61. A price movement of 3,100 pips is expected.
Historical events that allowed us to draw this conclusion
03 Dec 15:00 |
03 Nov 14:00 |
05 Oct 14:00 |
04 Aug 14:00 |
03 Jun 14:00 |
05 Apr 14:00 |