Based on past Australia GDP Growth Rate QoQ news events there is a 77.78% chance of KC trending downwards. We expect this to happen if the released value is < 0.5%. A price movement of 47 pips is expected. Historical events that allowed us to draw this conclusion
04 Dec 00:30 |
05 Jun 01:30 |
06 Mar 00:30 |
06 Dec 00:30 |
01 Mar 00:30 |
07 Dec 00:30 |
07 Sep 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
