We expect a $150 movement on NZDUSD within 2 hours following the release of BoE Interest Rate Decision at 05 Nov 07:00. We expect NZDUSD to trend downwards 2 hours following the event release at 05 Nov 07:00 if the released value is = 0.1%. A price movement of 15 pips is expected.
Historical events that allowed us to draw this conclusion
06 Aug 06:00 |
18 Jun 11:00 |
30 Jan 12:00 |
19 Dec 12:00 |
07 Nov 12:00 |
01 Aug 11:00 |
20 Jun 11:00 |
02 May 11:00 |