Based on the last 12 RBA Interest Rate Decision events in Australia, we expect HG to trend upwards for the next 2 hours. Based on these past events there is a 66.67% chance of this. This may happen because the released value is = 0.75%
Historical events that allowed us to draw this conclusion
03 Dec 03:30 |
05 Nov 03:30 |
06 Aug 04:30 |
02 Jul 04:30 |
04 Jun 04:30 |
07 May 04:30 |
05 Mar 03:30 |
05 Feb 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).