Based on the last 12 Business Confidence events in Euro Area, we expect NZDUSD to trend downwards later today. Based on these past events there is a 87.5% chance of this. We expect NZDUSD to trend downwards 2 hours following the event release at 29 Jun 09:00 if the released value is < -2. A price movement of 11 pips is expected. Historical events that allowed us to draw this conclusion

29 Apr 09:25

30 Mar 09:00

08 Jan 10:00

28 Nov 10:00

27 Sep 09:00

30 Jul 09:00

27 Jun 09:00