We expect a $0 movement on BP within the next 4 hours. We expect BP to trend downwards 4 hours following the Interest Rate Decision events in New Zealand release because the released value is = 0.25%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
23 Sep 02:00 |
24 Jun 02:00 |
25 Sep 02:00 |
26 Jun 02:00 |
08 May 02:00 |
27 Mar 01:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).