Based on past United Kingdom Inflation Rate YoY news events there is a 75% chance of NZDUSD trending downwards. We expect this to happen if the released value is > 10%. A price movement of 40 pips is expected.
Historical events that allowed us to draw this conclusion
17 Aug 06:00 |
20 Jul 06:00 |
13 Apr 06:00 |
23 Mar 07:00 |
19 Jan 07:00 |
17 Nov 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
