Based on past Italy GDP Growth Rate QoQ Adv news events there is a 66.67% chance of NZDUSD trending upwards. We expect this to happen because the released value is > -0.1%. A price movement of 9 pips is expected.
Historical events that allowed us to draw this conclusion
30 Apr 10:00 |
14 Nov 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
