Based on past United States Inflation Rate YoY news events there is a 75% chance of AUDUSD trending downwards. We expect this to happen because the released value is = 8.7%. A price movement of 56 pips is expected.
Historical events that allowed us to draw this conclusion
10 Mar 13:30 |
12 Jan 13:30 |
14 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
