We expect a $290 movement on NZDUSD within 12 hours following the release of GDP Growth Rate QoQ.

We expect a $290 movement on NZDUSD within 12 hours following the release of GDP Growth Rate QoQ at 2024-11-29 13:30. We expect NZDUSD to trend upwards 12 hours following the event release at 2024-11-29 13:30 if the released value is < 0.4%. A price movement of 29 pips is expected. Historical events that allowed us to draw this conclusion

31 May 12:30

29 Feb 13:30

30 Nov 13:30

28 Feb 13:30

31 May 12:30

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