Based on the last 12 Unemployment Rate events in Euro Area, we expect a $170 movement on NZDUSD within 2 hours following the event release at 2022-12-01 10:00. We expect NZDUSD to trend downwards 2 hours following the event release at 2022-12-01 10:00 if the released value is < 6.6% Historical events that allowed us to draw this conclusion
30 Jun 09:00 |
03 Mar 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
