Want to know why NZDUSD is going downwards today?

Based on the last 12 Continuing Jobless Claims events in United States, we expect a 47 pip movement on NZDUSD within 12 hours following the event release at 2023-04-06 22:30. We expect NZDUSD to trend downwards 12 hours following the event release at 2023-04-06 22:30 if the released value is > 1699K

Historical events that allowed us to draw this conclusion

23 Mar 23:30
10 Mar 00:30
17 Feb 00:30
10 Feb 00:30

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