We expect a $210 movement on NZDUSD within 12 hours following the release of Ifo Business Climate at 2025-05-22 08:00. We expect NZDUSD to trend downwards 12 hours following the event release at 2025-05-22 08:00 if the released value is > 87.4. A price movement of 21 pips is expected.
Historical events that allowed us to draw this conclusion
27 Jan 09:00![]() |
25 Oct 08:00![]() |
26 Aug 08:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).