Based on the last 12 Balance of Trade events in Germany, we expect a 20 pip movement on NZDUSD within 2 hours following the event release at 2025-08-07 06:00. We expect NZDUSD to trend upwards 2 hours following the event release at 2025-08-07 06:00 if the released value is < €17.3B Historical events that allowed us to draw this conclusion
06 Jun 06:00 |
07 Apr 06:00 |
10 Mar 07:00 |
07 Nov 07:00 |
06 Sep 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
