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On Event

26 pip movement on NZDUSD expected

Based on the last 12 Unemployment Rate events in Germany, we expect a 26 pip movement on NZDUSD within 2 hours following the event release at 2023-04-28 07:55. We expect NZDUSD to trend downwards 2 hours following the event release at 2023-04-28 07:55 if the released value is = 5.6%

Historical events that allowed us to draw this conclusion

31 Jan 08:55
30 Sep 07:55
31 Aug 07:55
29 Jul 07:55
31 May 07:55
03 May 07:55