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We expect AUDUSD to trend downwards with a 75% chance.

Based on the last 12 Inflation Rate YoY Prel events in France, we could see a $230 movement on AUDUSD within the next 2 hours. We may see AUDUSD trend downwards for 2 hours because the released value is > 2.1%

Historical events that allowed us to draw this conclusion

29 Feb 07:45
31 Aug 06:45
28 Apr 06:45

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

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We expect NIY to trend downwards today with a 80% chance.

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