Based on the last 12 Interest Rate Decision events in New Zealand, we expect 6A to trend upwards for the next 2 hours. Based on these past events there is a 70% chance of this. This may happen because the released value is = 0.5%
Historical events that allowed us to draw this conclusion
14 Jul 02:00 |
26 May 02:00 |
14 Apr 02:00 |
24 Feb 01:00 |
11 Nov 01:00 |
13 May 02:00 |
12 Feb 01:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
