Based on the last 12 Unemployment Rate events in France, we expect a $300 movement on NZDUSD within 48 hours following the event release at 14 Aug 05:30. We expect NZDUSD to trend downwards 48 hours following the event release at 14 Aug 05:30 if the released value is < 8.7% Historical events that allowed us to draw this conclusion
16 May 05:30 |
20 Nov 06:30 |
14 Aug 05:30 |
18 Aug 05:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
