83.3% probability that EURUSD will trend lower on Thursday at 8:30am EST if the US Jobless Claims number is lower than economists’ expectations
This Thursday at 8:30am EST the US government will release their latest Jobless Claims number. If the number is smaller than the economist consensus there is a 83.3% probability that EUR/USD will trend lower for 4 hours following the news event.
This probability is based on the last 12 Jobless Claims events, in which 5 of the last 6 events where the actual number was smaller than the economist consensus resulted in devaluation of the Euro. Here are images of the past events:
Disclaimer: Past performance may not be indicative of future performance