TradersNews 77.77% probability that EURUSD will trend down on Thursday 30 Jan at 10:00 AM GMT if the EMU Business Confidence number is less than -0.19.

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This Thursday 30 Jan at 10:00 AM GMT the latest EMU Business Confidence number will be released.
If the number is less than than economists’ consensus there is a 77.77% probability that EURUSD will trend down following the news event.

This probability is based on the last 12 EMU Business Confidence events, in which 7 of the last 9 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:

Wednesday 08 Jan at 10:00 AM GMT:

Thursday 28 Nov at 10:00 AM GMT:

Thursday 27 Jun at 09:00 AM GMT:

Tuesday 28 May at 09:00 AM GMT:

Monday 29 Apr at 09:00 AM GMT:

Thursday 28 Mar at 10:00 AM GMT:

Wednesday 30 Jan at 10:00 AM GMT:

Disclaimer: Past performance may not be indicative of future performance