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We expect a $0 movement on SI within 2 hours following the event release at 04 Sep 01:30.

Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect a $0 movement on SI within 2 hours following the event release at 04 Sep 01:30. We expect SI to trend downwards 2 hours following the event release at 04 Sep 01:30 if the released value is < 0.5% Historical events that allowed us to draw this conclusion

05 Jun 01:30
06 Mar 00:30
05 Dec 00:30
07 Mar 00:30
06 Dec 00:30
07 Dec 00:30

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 upwards today with a 75% chance.

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