Based on the last 12 Unemployment Rate events in United Kingdom, 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 14 Dec 07:00 if the released value is = 4.2%. A price movement of 14 pips is expected.
Historical events that allowed us to draw this conclusion
12 Oct 06:00 |
14 Sep 06:00 |
23 Feb 07:00 |