Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a $250 movement on NZDUSD within 12 hours following the event release at 30 Mar 23:00. We expect NZDUSD to trend downwards 12 hours following the event release at 30 Mar 23:00 if the released value is > 1.4%

Historical events that allowed us to draw this conclusion

04 Jan 00:00	30 Jul 22:00
30 Apr 22:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).