TradersNews 75% probability that EURUSD will trend down on Friday 21 Feb at 08:30 AM GMT if the DE Markit Manufacturing PMI Flash number is greater than 44.8.

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This Friday 21 Feb at 08:30 AM GMT the latest DE Markit Manufacturing PMI Flash 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 DE Markit Manufacturing PMI Flash events, in which 4 of the last 4 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:

Friday 24 Jan at 08:30 AM GMT:

Friday 22 Nov at 08:30 AM GMT:

Thursday 22 Aug at 07:30 AM GMT:

Friday 21 Jun at 07:30 AM GMT:

Disclaimer: Past performance may not be indicative of future performance