We expect CT to trend upwards later today. Based on these past Australia RBA Interest Rate Decision news events there is a 66.67% chance of this. We expect this to happen if the released value is = 0.75%. A price movement of 56 pips is expected.
Historical events that allowed us to draw this conclusion
05 Nov 03:30 |
01 Oct 04:30 |
03 Sep 04:30 |
02 Jul 04:30 |
04 Jun 04:30 |
02 Apr 03:30 |
05 Mar 03:30 |
05 Feb 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
