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We expect a $0.186 movement on NG within 12 hours following the event release at 01 Oct 04:30.

Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a $0.186 movement on NG within 12 hours following the event release at 01 Oct 04:30. We expect NG to trend upwards 12 hours following the event release at 01 Oct 04:30 if the released value is = 0.75%

Historical events that allowed us to draw this conclusion

03 Sep 04:30
06 Aug 04:30
04 Jun 04:30
07 May 04:30
05 Feb 03:30
04 Dec 03:30
06 Nov 03:30
02 Oct 04:30

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

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We expect NZDUSD to trend downwards today with a 75% chance.

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We expect a 27 pip movement on SB for the next 48 hours.

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