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US Unemployment Rate News Event – a possible $50 movement on NZDUSD

US Unemployment Rate News Event – a possible $50 movement on NZDUSD

Based on the last 12 Unemployment Rate events in US, we expect a $50 movement on NZDUSD within 4 hours following the event release at 05 Oct 12:30.
We expect NZDUSD to trend up 4 hours following the event release at 05 Oct 12:30 if the released value is < 3.8% Historical events that allowed us to draw this conclusion

01 Jun 12:30
 
04 May 12:30
 
06 Oct 12:30
 

* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)

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