Euro Area ECB Interest Rate Decision News Event – a $280 opportunity on NZDUSD

We expect a $280 movement on NZDUSD within 2 hours following the release of ECB Interest Rate Decision at 03 Feb 12:45. We expect NZDUSD to trend upwards 2 hours following the event release at 03 Feb 12:45 if the released value is = 0%. A price movement of 28 pips is expected.

Historical events that allowed us to draw this conclusion

28 Oct 11:45
09 Sep 11:45
22 Jul 11:45
10 Jun 11:45
10 Dec 12:45
29 Oct 12:45
10 Sep 11:45
16 Jul 11:45