Based on the last 12 Inflation Rate YoY events in Canada, we expect NZDUSD to trend upwards later today. Based on these past events there is a 83.33% chance of this. This will happen if the released value is > 1.8%
Historical events that allowed us to draw this conclusion
23 Nov 13:30 |
17 Aug 13:30 |
20 Jul 13:30 |
23 Feb 13:30 |
21 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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