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This Thursday 19 Mar at 12:30 PM GMT the latest US Philadelphia Fed Manufacturing Index number will be released.
If the number is greater than than economists’ consensus there is a 75% probability that EURUSD will trend down following the news event.
This probability is based on the last 12 US Philadelphia Fed Manufacturing Index events, in which 6 of the last 8 events where the actual number was greater than than the economist consensus resulted in an down trend of EURUSD.
Here are images of the past events:
Thursday 16 Jan at 01:30 PM GMT:
Thursday 21 Nov at 01:30 PM GMT:
Thursday 19 Sep at 12:30 PM GMT:
Thursday 15 Aug at 12:30 PM GMT:
Thursday 16 May at 12:30 PM GMT:
Thursday 21 Mar at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance