Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 16 pip movement on AUDUSD within 2 hours following the event release at 2022-08-30 22:00. We expect AUDUSD to trend downwards 2 hours following the event release at 2022-08-30 22:00 if the released value is > 7.8%

Historical events that allowed us to draw this conclusion

28 Jul 22:00	30 May 22:00
28 Apr 22:00	07 Jan 00:00
28 Oct 23:00

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