Based on the last 12 Industrial Production YoY events in Euro Area, we expect NZDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend downwards 2 hours following the event release at 13 Oct 09:00 if the released value is < 4.7%. A price movement of 11 pips is expected. Historical events that allowed us to draw this conclusion

12 Aug 09:00

14 Apr 09:00

15 Feb 10:00

12 Nov 10:00