We expect a $520 movement on NZDUSD within 12 hours following the release of GDP Growth Rate QoQ 1st Est at 2025-01-30 06:30. We expect NZDUSD to trend downwards 12 hours following the event release at 2025-01-30 06:30 if the released value is = 0%. A price movement of 52 pips is expected.
Historical events that allowed us to draw this conclusion
30 Jan 06:30 |
31 Oct 06:30 |
28 Oct 05:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).