Based on the last 12 GDP Growth Rate QoQ Flash events in Euro Area, we expect AUDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect AUDUSD to trend upwards 2 hours following the event release at 30 Oct 10:00 if the released value is < 9.4%. A price movement of 8 pips is expected. Historical events that allowed us to draw this conclusion
31 Jul 09:00 |
30 Apr 09:00 |
31 Jan 10:00 |
30 Oct 10:00 |