We expect a $790 movement on EURUSD within 12 hours following the release of Inflation Rate YoY at 12 May 22:30. We expect EURUSD to trend downwards 12 hours following the event release at 12 May 22:30 if the released value is > 0.4%. A price movement of 79 pips is expected.

Historical events that allowed us to draw this conclusion

11 Mar 23:30	14 Feb 00:30
14 Nov 00:30	13 Aug 22:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).