Based on the last 12 Unemployment Rate events in United Kingdom, we expect NZDUSD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is = 4.4%
Historical events that allowed us to draw this conclusion
20 Mar 07:00 |
17 Dec 07:00 |
10 Sep 06:00 |
18 Jul 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
