Based on the last 12 Core Inflation Rate YoY events in United States, we expect AUDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend upwards 2 hours following the event release at 13 Aug 12:30 if the released value is < 2.1%. A price movement of 9 pips is expected. Historical events that allowed us to draw this conclusion
10 Apr 12:30 |
12 Mar 12:30 |
11 Oct 12:30 |
13 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
