Based on the last 12 Inflation Rate YoY events in Australia, we expect a 16 pip movement on NZDUSD within 2 hours following the event release at 2024-10-30 00:30. We expect NZDUSD to trend downwards 2 hours following the event release at 2024-10-30 00:30 if the released value is < 2.9% Historical events that allowed us to draw this conclusion
31 Jan 00:30 |
27 Jul 01:30 |
27 Oct 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).