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On Event

Japan BoJ Interest Rate Decision News Event – a possible $110 movement on NZDUSD

We expect a $110 movement on NZDUSD within the next 2 hours. We expect NZDUSD to trend upwards 2 hours following the BoJ Interest Rate Decision events in Japan release because the released value is = -0.1%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

19 Dec 03:00
22 Sep 03:00
16 Jun 03:00
10 Mar 03:00
18 Jan 03:00
28 Oct 03:00
22 Sep 03:00
21 Jul 03:00