Based on past United States Inflation Rate YoY news events there is a 66.67% chance of EURUSD trending upwards. We expect this to happen because the released value is = 8.1%. A price movement of 56 pips is expected.
Historical events that allowed us to draw this conclusion
13 Jan 00:30 |
11 Dec 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).