Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a 27 pip movement on NZDUSD within 12 hours following the event release at 2023-04-28 12:00. We expect NZDUSD to trend downwards 12 hours following the event release at 2023-04-28 12:00 if the released value is < 7.3% Historical events that allowed us to draw this conclusion
09 Feb 07:00 |
29 Nov 13:00 |
29 Jun 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
