Based on the last 12 Inflation Rate YoY Prel events in DE, we expect a $100 movement on NZDUSD within 2 hours following the event release at 30 Oct 13:00.
We expect NZDUSD to trend down 2 hours following the event release at 30 Oct 13:00 if the released value is > 2.4%
Historical events that allowed us to draw this conclusion
27 Sep 12:00 |
30 May 12:00 |
29 Nov 13:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
