DELKOS 80% probability that EURUSD will trend down on Thursday 20 Aug at 12:30 PM GMT if the US Philadelphia Fed Manufacturing Index number is less than 21.

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This Thursday 20 Aug at 12:30 PM GMT the latest US Philadelphia Fed Manufacturing Index number will be released.
If the number is less than than economists’ consensus there is a 80% 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 3 of the last 5 events where the actual number was less than than the economist consensus resulted in an down trend of EURUSD.

Here are images of the past events:

Thursday 21 May at 12:30 PM GMT:

Thursday 16 Apr at 12:30 PM GMT:

Thursday 19 Dec at 01:30 PM GMT:

Disclaimer: Past performance may not be indicative of future performance