We expect NZDUSD to trend downwards right now.

Based on the last 12 Inflation Rate YoY events in Japan, we expect NZDUSD to trend downwards right now. Based on these past events there is a 75% chance of this. This will happen because the released value is = 0.5%

Historical events that allowed us to draw this conclusion

18 Jul 23:30

20 Jun 23:30

18 Apr 23:30

21 Feb 23:30

20 Dec 23:30

21 Nov 23:30

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