Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect NZDUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend downwards 2 hours following the event release at 14 Jul 09:00 if the released value is < 60. A price movement of 41 pips is expected. Historical events that allowed us to draw this conclusion

17 Mar 10:00

18 Feb 10:00

16 Jul 09:00