Based on the last 12 Industrial Production YoY events in Euro Area, we expect a $360 movement on NZDUSD within 2 hours following the event release at 15 Feb 10:00. We expect NZDUSD to trend downwards 2 hours following the event release at 15 Feb 10:00 if the released value is > -0.3%

Historical events that allowed us to draw this conclusion

13 Jan 10:00

14 Dec 10:00

12 Jun 09:00

12 Mar 10:00