We expect a $110 movement on EURUSD within 2 hours following the release of Inflation Rate YoY at 2023-05-18 23:30. We expect EURUSD to trend upwards 2 hours following the event release at 2023-05-18 23:30 if the released value is > 2.5%. A price movement of 11 pips is expected.
Historical events that allowed us to draw this conclusion
23 Feb 23:30 |
17 Nov 23:30 |
19 Sep 23:30 |
23 Jun 23:30 |
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