Based on the last 12 Tankan Large Manufacturers Index events in Japan, 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 30 Sep 23:50 if the released value is > -23. A price movement of 32 pips is expected.

Historical events that allowed us to draw this conclusion

31 Mar 23:50

30 Sep 23:50

13 Dec 23:50

14 Dec 23:50

01 Oct 23:50