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We expect NZDUSD to trend downwards for the next 48 hours.

Based on the last 12 Non Farm Payrolls events in United States, NZDUSD could experience an downwards trend. Based on these past events there is a 80% chance of this, and the trend could last 48 hours because the released value is < 160K. Historical events that allowed us to draw this conclusion

07 Feb 13:30
06 Sep 12:30
02 Aug 12:30
03 May 12:30

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

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We expect a $1868130 movement on CC within 2 hours following the event release at 2025-03-07 13:30.

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