We expect NZDUSD to trend upwards later today. Based on these past United States Balance of Trade news events there is a 70% chance of this. We expect this to happen if the released value is < $-70.5B. A price movement of 36 pips is expected. Historical events that allowed us to draw this conclusion
05 Mar 13:30 |
05 Feb 13:30 |
04 Nov 13:30 |
06 Oct 12:30 |
05 Aug 12:30 |
04 Jun 12:30 |
05 May 12:30 |