We expect a $280 movement on NZDUSD within 12 hours following the release of Inflation Rate YoY at 24 Sep 09:30. We expect NZDUSD to trend upwards 12 hours following the event release at 24 Sep 09:30 if the released value is < -0.1%. A price movement of 28 pips is expected. Historical events that allowed us to draw this conclusion
20 Aug 09:30 |
21 May 09:30 |
23 Apr 09:30 |
20 Nov 10:30 |
23 Oct 10:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).