Based on the last 12 Fed Interest Rate Decision events in United States, we could see a $530 movement on NZDUSD within the next 2 hours. NZDUSD could trend upwards for the next 2 hours because the released value is = 4.5%
Historical events that allowed us to draw this conclusion
19 Mar 18:00 |
29 Jan 19:00 |
07 Nov 19:00 |
31 Jul 18:00 |
01 May 18:00 |
20 Mar 18:00 |
13 Dec 19:00 |
01 Nov 18:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
