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We expect ZC to trend upwards today with a 75% chance.

Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect ZC to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 3.7%

Historical events that allowed us to draw this conclusion

16 Jul 06:00
21 May 06:00
20 Nov 07:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect NZDUSD to trend downwards today with a 66.67% chance.

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