Based on the last 12 Personal Income MoM events in United States, we expect AUDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend downwards 48 hours following the event release at 2024-10-31 12:30 if the released value is > 0.3%. A price movement of 47 pips is expected.
Historical events that allowed us to draw this conclusion
30 Aug 12:30 |
28 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
