Based on the last 12 Unemployment Rate events in Euro Area, we expect a 26 pip movement on NZDUSD within 2 hours following the event release at 01 Sep 09:00 UTC. We expect NZDUSD to trend downwards 2 hours following the event release at 01 Sep 09:00 UTC if the released value is < 8% Historical events that allowed us to draw this conclusion

02 Jul 09:00