TradersNews 80% probability that NZDUSD will trend down on Thursday 30 Apr at 05:30 AM GMT if the FR GDP Growth Rate QoQ Prel number is less than -3.5%.

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This Thursday 30 Apr at 05:30 AM GMT the latest FR GDP Growth Rate QoQ Prel number will be released.
If the number is less than than economists’ consensus there is a 80% probability that NZDUSD will trend down following the news event.

This probability is based on the last 12 FR GDP Growth Rate QoQ Prel events, in which 4 of the last 6 events where the actual number was less than than the economist consensus resulted in an down trend of NZDUSD.

Here are images of the past events:

Friday 31 Jan at 06:30 AM GMT:

Tuesday 30 Jul at 05:30 AM GMT:

Friday 27 Apr at 05:30 AM GMT:

Friday 28 Apr at 05:30 AM GMT:

Disclaimer: Past performance may not be indicative of future performance