Based on the last 12 Unemployment Rate events in Germany, we expect a 28 pip movement on EURUSD within 2 hours following the event release at 28 Feb 08:55 UTC. We expect EURUSD to trend downwards 2 hours following the event release at 28 Feb 08:55 UTC if the released value is = 5%

Historical events that allowed us to draw this conclusion

30 Jan 08:55

03 Jan 08:55

29 Nov 08:55

30 Sep 07:55

29 Aug 07:55

31 Jul 07:55

29 Mar 08:55