Based on past Australia RBA Interest Rate Decision news events there is a 66.67% chance of GC trending upwards. We expect this to happen if the released value is = 3.1%. A price movement of 470 pips is expected.
Historical events that allowed us to draw this conclusion
01 Nov 03:30 |
02 Aug 04:30 |
05 Apr 04:30 |
01 Mar 03:30 |
01 Feb 03:30 |
02 Nov 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
