TradersNews 80% probability that EURUSD will trend down on Monday 24 Feb at 09:00 AM GMT if the DE Ifo Business Climate number is greater than 95.3.

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This Monday 24 Feb at 09:00 AM GMT the latest DE Ifo Business Climate number will be released.
If the number is greater 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 DE Ifo Business Climate events, in which 0 of the last 5 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:

Disclaimer: Past performance may not be indicative of future performance