Based on the last 12 BoC Interest Rate Decision events in Canada, we expect NZDUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend upwards for the next 48 hours because the released value is = 1.75%. A price movement of 78 pips is expected.
Historical events that allowed us to draw this conclusion
05 Dec 02:00 |
31 Oct 01:00 |
05 Sep 00:00 |
11 Jul 00:00 |
30 May 00:00 |
25 Apr 00:00 |
07 Mar 02:00 |
10 Jan 02:00 |