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This Tuesday 11 Feb at 11:30 PM GMT the latest AU Westpac Consumer Confidence Index number will be released.
If the number is greater than than economists’ consensus there is a 83.33% probability that NZDUSD will trend down following the news event.
This probability is based on the last 12 AU Westpac Consumer Confidence Index events, in which 4 of the last 6 events where the actual number was greater than than the economist consensus resulted in an down trend of NZDUSD.
Here are images of the past events:
Wednesday 11 Sep at 12:30 AM GMT:
Wednesday 14 Aug at 12:30 AM GMT:
Wednesday 15 May at 12:30 AM GMT:
Wednesday 10 Apr at 12:30 AM GMT:
Disclaimer: Past performance may not be indicative of future performance