Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 34 pip movement on USDJPY within 2 hours following the event release at 25 Jun 22:30 GMT+10. We expect USDJPY to trend upwards 2 hours following the event release at 25 Jun 22:30 GMT+10 if the released value is > 10.9%

Historical events that allowed us to draw this conclusion

25 Mar 23:30	29 Jan 00:30
28 Nov 00:30	27 Sep 22:30
26 Aug 22:30	25 Jul 22:30

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