Based on the last 12 Interest Rate Decision events in New Zealand, we expect BR to trend downwards later today. Based on these past events there is a 72.73% chance of this. We expect BR to trend downwards 12 hours following the event release at 13 Nov 01:00 if the released value is = 0.75%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
07 Nov 20:00 |
21 Mar 20:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
