Based on the last 12 Inflation Rate YoY events in United States, we expect NZDUSD to trend downwards right now. Based on these past events there is a 75% chance of this. This may happen because the released value is = 7.9%
Historical events that allowed us to draw this conclusion
10 Dec 13:30 |
14 Sep 12:30 |
10 Mar 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).