Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect NZDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend upwards 2 hours following the event release at 01 Dec 06:45 if the released value is > 5.9%. A price movement of 13 pips is expected.
Historical events that allowed us to draw this conclusion
27 Aug 05:45 |
03 Mar 06:45 |
28 Nov 06:45 |
05 Sep 05:45 |
06 Sep 05:45 |
31 May 05:45 |