Germany Inflation Rate YoY Prel News Event – un' $180 opportunity on EURUSD

We expect a $180 movement on EURUSD within 2 hours following the release of Inflation Rate YoY Prel at 29 Nov 13:00. We expect EURUSD to trend upwards 2 hours following the event release at 29 Nov 13:00 if the released value is < 2.4%. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

30 Jul 13:00
29 Mar 13:00
30 Jan 13:00

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

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