Based on the last 12 Ifo Business Climate events in Germany, we expect a 9 pip movement on SI for the next 4 hours. We expect SI to trend upwards for 4 hours because the released value is > 95.5
Historical events that allowed us to draw this conclusion
25 Oct 08:00 |
24 Jun 08:00 |
25 Mar 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
