Be very careful of upcoming volatility because of United States Inflation Rate YoY news event later today. Based on the last 12 Inflation Rate YoY events in United States, we expect a $620 movement on AUDUSD within 48 hours following the event release at 10 Oct 12:30. We expect this to happen if the released value is < 1.8%. A price movement of 62 pips is expected. Historical events that allowed us to draw this conclusion
12 Sep 12:30 |
12 Jun 12:30 |
10 May 12:30 |
12 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
