Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect NZDUSD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect NZDUSD to trend downwards 2 hours following the event release at 02 Jun 01:30 if the released value is < 1.5%. A price movement of 8 pips is expected. Historical events that allowed us to draw this conclusion
04 Dec 00:30 |
05 Jun 01:30 |
06 Mar 00:30 |
05 Dec 00:30 |