Based on past New Zealand Interest Rate Decision news events there is a 72.73% chance of NQ trending upwards. We expect this to happen because the released value is = 1%. A price movement of 3,850 pips is expected.
Historical events that allowed us to draw this conclusion
27 Mar 01:00 |
13 Feb 01:00 |
07 Nov 20:00 |
26 Sep 21:00 |
08 Aug 21:00 |
27 Jun 21:00 |
09 May 21:00 |
21 Mar 20:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
