Based on past CA BoC Interest Rate Decision news events there is a 83.3% of NZDUSD trending down
We expect this to happen if the released value is = 1.75%. A price movement of 8 pips is expected.
Historical events that allowed us to draw this conclusion
06 Mar 15:00 |
09 Jan 15:00 |
05 Dec 15:00 |
24 Oct 14:00 |
05 Sep 14:00 |
11 Jul 14:00 |
18 Apr 14:00 |
07 Mar 15:00 |
06 Dec 15:00 |
25 Oct 14:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
