Based on the last 12 Interest Rate Decision events in New Zealand, we expect ED to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect ED to trend upwards 2 hours following the event release at 25 Sep 02:00 if the released value is = 1%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
26 Jun 02:00 |
08 May 02:00 |
27 Mar 01:00 |
13 Feb 01:00 |
07 Nov 20:00 |
26 Sep 21:00 |
08 Aug 21:00 |
27 Jun 21:00 |
09 May 21:00 |
07 Feb 20:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
