Germany GDP Growth Rate QoQ Flash News Event – a possible $50 movement on NZDUSD

Past performance is not an indicator of future results.
Based on the last 12 GDP Growth Rate QoQ Flash events in Germany, we expect a $50 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend downwards for 2 hours because the released value is < 0.1%

Historical events that allowed us to draw this conclusion

14 Nov 07:00
15 Aug 07:00
12 May 07:00
14 Feb 07:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).