Based on the last 12 Unemployment Rate events in Germany, we expect EURUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect EURUSD to trend upwards 2 hours following the event release at 01 Jun 07:55 if the released value is = 6%. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

29 Apr 07:55

31 Mar 07:55

02 Mar 08:55

05 Jan 08:55