Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect NZDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend upwards 2 hours following the event release at 02 Sep 01:30 if the released value is > -6%. A price movement of 14 pips is expected.
Historical events that allowed us to draw this conclusion
04 Mar 00:30 |
06 Jun 01:30 |