Based on the last 12 Inflation Rate YoY events in United States, we expect GF to trend downwards later today. Based on these past events there is a 80% chance of this. We expect GF to trend downwards 12 hours following the event release at 11 Mar 12:30 if the released value is < 2.2%. A price movement of 297 pips is expected. Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
