Based on past United States Inflation Rate YoY news events there is a 80% chance of NZDUSD trending downwards. We expect this to happen because the released value is < 1.8%. A price movement of 58 pips is expected. Historical events that allowed us to draw this conclusion
12 Jun 12:30 |
10 May 12:30 |
12 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
