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We expect a $1310 movement on NZDUSD within 48 hours following the event release at 2023-03-27 08:00.

We expect NZDUSD to trend downwards later today. Based on these past Germany Ifo Business Climate news events there is a 66.67% chance of this. We expect this to happen if the released value is > 91. A price movement of 131 pips is expected.

Historical events that allowed us to draw this conclusion

19 Dec 09:00
24 Nov 09:00
25 Aug 08:00
25 Apr 08:00

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

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We expect a $8534375 movement on NKD within 12 hours following the event release at 2023-03-27 08:00.

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Esperamos un movimiento en $637 del CT dentro de 48 horas siguiendo la publicación de Ifo Del Clima De Negocios el 2023-03-27 08:00.

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