Based on past United Kingdom Inflation Rate YoY news events there is a 75% chance of AUDUSD trending downwards. We expect this to happen because the released value is = 2%. A price movement of 9 pips is expected.
Historical events that allowed us to draw this conclusion
16 Jan 09:30 |
19 Dec 09:30 |
15 Aug 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
