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Based on the last 12 Balance of Trade events in United Kingdom, we expect NZDUSD to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect NZDUSD to trend upwards 4 hours following the event release at 2022-10-12 17:00 if the released value is > £-8.4B. A price movement of 33 pips is expected.
Historical events that allowed us to draw this conclusion
12 Sep 16:00![]() |
11 Apr 16:00![]() |
11 Feb 18:00![]() |
10 Dec 18:00![]() |
11 Nov 18:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).