If the released value is > 7.4% for the Inflation Rate YoY event, we could see a $160 movement on NZDUSD within 2 hours following the release at 22 Jun 12:30. This movement may form an upwards trend for 2 hours following the event release at 22 Jun 12:30.
Historical events that allowed us to draw this conclusion
20 Apr 12:30 |
16 Mar 12:30 |
16 Feb 13:30 |
20 Oct 12:30 |
15 Sep 12:30 |
16 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
