We expect a $50 movement on NZDUSD within 2 hours following the release of Inflation Rate YoY at 18 Oct 23:30.
We expect NZDUSD to trend up 2 hours following the event release at 18 Oct 23:30 if the released value is > 1.1%. A price movement of 5 pips is expected.
Historical events that allowed us to draw this conclusion
20 Sep 23:30 |
23 Aug 23:30 |
21 Jun 23:30 |
25 Dec 23:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
