Based on past United Kingdom BoE Interest Rate Decision news events there is a 66.67% chance of NZDUSD trending downwards. We expect this to happen because the released value is = 4.25%. A price movement of 27 pips is expected.
Historical events that allowed us to draw this conclusion
20 Mar 12:00 |
06 Feb 12:00 |
19 Dec 12:00 |
19 Sep 11:00 |
20 Jun 11:00 |
21 Mar 12:00 |
14 Dec 12:00 |
02 Nov 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
