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We expect a 320 pip movement on UB for the next 12 hours.

Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a 320 pip movement on UB for the next 12 hours. We expect UB to trend downwards for 12 hours because the released value is = 0.1%

Historical events that allowed us to draw this conclusion

05 Oct 03:30
07 Sep 04:30
01 Jun 04:30
02 Mar 03:30
02 Feb 03:30
01 Dec 03:30
03 Nov 03:30
06 Oct 03:30

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

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