Based on the last 12 RBA Interest Rate Decision events in Australia, we may expect UB to trend upwards right now. Based on these past events there is a 70% chance of this. We made this conclusion because the released value is = 4.35%. A price movement of 16875 pips may be experienced.
Historical events that allowed us to draw this conclusion
24 Sep 04:30 |
18 Jun 04:30 |
07 May 04:30 |
19 Mar 03:30 |
06 Feb 03:30 |
05 Dec 03:30 |
07 Nov 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
