Based on the last 12 Unemployment Rate events in Euro Area, we expect EMD to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 7.4% Historical events that allowed us to draw this conclusion
30 Jan 10:00 |
30 Sep 09:00 |
04 Jun 09:00 |
30 Apr 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
