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Based on past New Zealand Interest Rate Decision news events there is a 70% chance of NZDUSD trending downwards. We expect this to happen if the released value is = 0.75%. A price movement of 60 pips is expected.
Historical events that allowed us to draw this conclusion
06 Oct 12:00![]() |
24 Feb 12:00![]() |
11 Nov 12:00![]() |
23 Sep 12:00![]() |
12 Aug 12:00![]() |
24 Jun 12:00![]() |
13 May 12:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).