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This Monday 27 Jan at 09:00 AM GMT the latest DE Ifo Business Climate number will be released.
If the number is less than than economists’ consensus there is a 83.33% probability that EURUSD will trend down following the news event.
This probability is based on the last 12 DE Ifo Business Climate events, in which 5 of the last 6 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:
Monday 26 Aug at 08:00 AM GMT:
Thursday 25 Jul at 08:00 AM GMT:
Thursday 23 May at 08:00 AM GMT:
Wednesday 24 Apr at 08:00 AM GMT:
Friday 22 Feb at 09:00 AM GMT:
Disclaimer: Past performance may not be indicative of future performance