United States Inflation Rate YoY News Event – a possible $550 movement on NZDUSD

We expect a $550 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards 2 hours following the Inflation Rate YoY events in United States release because the released value is = 8.7%. A price movement of 55 pips is expected.

Historical events that allowed us to draw this conclusion

11 Mar 00:30
13 Jan 00:30
14 Sep 22:30

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