TradersNews 80% probability that EURUSD will trend down on Thursday 30 Jan at 01:00 PM GMT if the DE Inflation Rate YoY Prel number is greater than 1.7%.

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This Thursday 30 Jan at 01:00 PM GMT the latest DE Inflation Rate YoY Prel 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 Inflation Rate YoY Prel events, in which 4 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:

Tuesday 30 Jul at 12:00 PM GMT:

Thursday 27 Jun at 12:00 PM GMT:

Tuesday 30 Apr at 12:00 PM GMT:

Thursday 28 Feb at 01:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance