We expect a 265 pip movement on KC within 2 hours following the event release.

Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we expect a 265 pip movement on KC within 2 hours following the event release at 31 Jul 05:30 UTC. We expect KC to trend upwards 2 hours following the event release at 31 Jul 05:30 UTC if the released value is = -15.3%

Historical events that allowed us to draw this conclusion

30 Apr 05:30
31 Oct 06:30
28 Jul 05:30

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

leave a reply