Based on the last 12 Unemployment Rate events in Japan, we expect a $166 movement on USDJPY within 2 hours following the event release at 2022-11-29 10:30. We expect USDJPY to trend upwards 2 hours following the event release at 2022-11-29 10:30 if the released value is > 2.5%
Historical events that allowed us to draw this conclusion
28 Oct 10:30 |
29 Jul 09:30 |
01 Jul 09:30 |
28 Dec 10:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).