What to trade around Australia Unemployment Rate news event
Based on the last 12 Unemployment Rate events in Australia, we expect NZDUSD to trend downwards later today. Based on these past events there is a 72.73% chance of this. We expect NZDUSD to trend downwards 2 hours following the event release at 16 Dec 00:30 if the released value is < 5%. A price movement of 17 pips is…