Based on the last 12 RBA Interest Rate Decision events in Australia, we expect YM to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = 0.75%
Historical events that allowed us to draw this conclusion
03 Dec 03:30 |
05 Nov 03:30 |
01 Oct 04:30 |
03 Sep 04:30 |
02 Jul 04:30 |
02 Apr 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
