Based on the last 12 Unemployment Rate events in Germany, we expect a $440 movement on AUDUSD within 12 hours following the event release at 03 Jun 17:55. We expect AUDUSD to trend downwards 12 hours following the event release at 03 Jun 17:55 if the released value is = 6.2%

Historical events that allowed us to draw this conclusion

28 Feb 19:55	30 Jan 19:55
29 Nov 19:55	30 Sep 17:55
29 Aug 17:55	31 Jul 17:55
01 Jul 17:55

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