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We expect NQ to trend upwards right now.

Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we could see a $7832682 movement on NQ within the next 48 hours. We may see NQ trend upwards for 48 hours because the released value is = 4.75%

Historical events that allowed us to draw this conclusion

19 Sep 11:00
09 May 11:00
01 Feb 12:00
14 Dec 12:00
02 Nov 12:00
03 Aug 11:00
11 May 11:00

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

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We expect a $350 movement on AUDUSD within 4 hours following the event release at 2024-11-07 12:00.

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