Canada Inflation Rate YoY News Event – a $100 opportunity on NZDUSD

We expect a $100 movement on NZDUSD within 2 hours following the release of Inflation Rate YoY at 19 Feb 13:30. We expect NZDUSD to trend downwards 2 hours following the event release at 19 Feb 13:30 if the released value is > 2.3%. A price movement of 10 pips is expected.

Historical events that allowed us to draw this conclusion

21 Aug 12:30
19 Jun 12:30