Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a 2 pip movement on FF within 48 hours following the event release at 07 Jul 04:30 UTC. We expect FF to trend upwards 48 hours following the event release at 07 Jul 04:30 UTC if the released value is = 0.25%
Historical events that allowed us to draw this conclusion
02 Jun 04:30 |
05 May 04:30 |
19 Mar 03:30 |
04 Feb 03:30 |
03 Dec 03:30 |
05 Nov 03:30 |
01 Oct 04:30 |
03 Sep 04:30 |
02 Jul 04:30 |
04 Jun 04:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
