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We expect BO to trend downwards today with a 80% chance.

Based on the last 12 Interest Rate Decision events in New Zealand, we expect BO 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 = 1%

Historical events that allowed us to draw this conclusion

25 Sep 02:00
26 Jun 02:00
27 Mar 01:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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