Based on past Australia RBA Interest Rate Decision news events there is a 72.73% chance of KC trending upwards. We expect this to happen if the released value is = 0.1%. A price movement of 110 pips is expected.
Historical events that allowed us to draw this conclusion
02 Mar 03:30 |
03 Nov 03:30 |
01 Sep 04:30 |
04 Aug 04:30 |
02 Jun 04:30 |
05 May 04:30 |
19 Mar 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
