Based on past Germany Inflation Rate YoY Prel news events there is a 66.67% chance of NZDUSD trending upwards. We expect this to happen if the released value is > 9.4%. A price movement of 30 pips is expected.
Historical events that allowed us to draw this conclusion
28 Jul 12:00 |
30 May 12:00 |
28 Apr 12:00 |
31 Jan 13:00 |
29 Nov 13:00 |
28 Oct 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
