Based on the last 12 Fed Interest Rate Decision events in United States, we expect NZDUSD to trend downwards later today. Based on these past events there is a 72.73% chance of this. This may happen if the released value is = 4.5%
Historical events that allowed us to draw this conclusion
18 Jun 18:00 |
07 May 18:00 |
19 Mar 18:00 |
18 Dec 19:00 |
07 Nov 19:00 |
12 Jun 18:00 |
20 Mar 18:00 |
31 Jan 19:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
