Based on the last 12 Deposit Facilty Rate events in Euro Area, we could see a $630 movement on NZDUSD within the next 4 hours. We may see NZDUSD trend upwards for 4 hours because the released value is = 4%
Historical events that allowed us to draw this conclusion
15 Jun 12:15 |
04 May 12:15 |
16 Mar 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
