Based on the last 12 Inflation Rate YoY events in Japan, we expect a 3 pip movement on NZDUSD within 2 hours following the event release at 17 Feb 23:30 UTC. We expect NZDUSD to trend upwards 2 hours following the event release at 17 Feb 23:30 UTC if the released value is < 0.9% Historical events that allowed us to draw this conclusion
23 Sep 23:30 |
19 Aug 23:30 |
22 Apr 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
