Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect AUDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend downwards 4 hours following the event release at 02 Mar 00:00 if the released value is = 5.1%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

29 Jun 22:00

30 Mar 23:00

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