Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $240 movement on NZDUSD within 2 hours following the event release at 15 Mar 10:00. We expect NZDUSD to trend upwards 2 hours following the event release at 15 Mar 10:00 if the released value is > 10
Historical events that allowed us to draw this conclusion
18 Jan 10:00 |
07 Dec 10:00 |
11 May 09:00 |
16 Mar 10:00 |