Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 27 pip movement on NZDUSD within 12 hours following the event release at 28 Nov 13:00 UTC. We expect NZDUSD to trend downwards 12 hours following the event release at 28 Nov 13:00 UTC if the released value is < 1.3% Historical events that allowed us to draw this conclusion
30 Sep 12:00 |
29 Aug 12:00 |
28 Mar 13:00 |
28 Dec 13:00 |
29 Nov 13:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
