Based on the last 12 Inflation Rate YoY Prel events in Germany, we may expect NZDUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because the released value is = 2.4%. A price movement of 22 pips may be experienced.
Historical events that allowed us to draw this conclusion
04 Jan 13:00 |
28 Jul 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
