Based on the last 12 Industrial Production YoY events in Euro Area, we expect NZDUSD to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect NZDUSD to trend downwards 2 hours following the event release at 12 Nov 10:00 if the released value is > 4.1%. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

13 Oct 09:00

15 Sep 09:00

12 Mar 10:00

13 Jan 10:00

14 Dec 10:00