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We expect NZDUSD to trend downwards today.

Based on the last 12 Inflation Rate YoY events in Australia, we expect NZDUSD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 2.2% Historical events that allowed us to draw this conclusion

29 Jan 00:30
30 Oct 00:30
31 Jan 00:30
27 Jul 01:30

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

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We expect a $3158 movement on KC within 12 hours following the release of Inflation Rate YoY.

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We expect a $140 movement on NZDUSD within 4 hours following the release of Inflation Rate YoY.

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