We expect a $140 movement on NZDUSD within 2 hours following the release of Inflation Rate YoY at 12 Jan 13:30. We expect NZDUSD to trend downwards 2 hours following the event release at 12 Jan 13:30 if the released value is = 7%. A price movement of 14 pips is expected.
Historical events that allowed us to draw this conclusion
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”).
