United Kingdom Inflation Rate YoY News Event – a possible $100 movement on NZDUSD

Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $100 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend upwards for 2 hours because the released value is > 0.6%

Historical events that allowed us to draw this conclusion

16 Sep 16:00
19 Aug 16:00
15 Jul 16:00
18 Dec 20:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).