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This Thursday 23 Jan at 03:00 PM GMT the latest EMU Consumer Confidence Flash number will be released.
If the number is less than than economists’ consensus there is a 83.33% probability that EURUSD will trend down following the news event.
This probability is based on the last 12 EMU Consumer Confidence Flash events, in which 5 of the last 6 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:
Friday 20 Dec at 03:00 PM GMT:
Wednesday 23 Oct at 02:00 PM GMT:
Thursday 22 Aug at 02:00 PM GMT:
Thursday 20 Jun at 02:00 PM GMT:
Thursday 21 Mar at 03:00 PM GMT:
Disclaimer: Past performance may not be indicative of future performance