Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a $481.44 movement on USDJPY within 12 hours following the event release at 05 Apr 14:30. We expect USDJPY to trend downwards 12 hours following the event release at 05 Apr 14:30 if the released value is = 0.1%

Historical events that allowed us to draw this conclusion

01 Mar 14:30	01 Feb 14:30
02 Nov 14:30	03 Aug 14:30
06 Jul 14:30	01 Jun 14:30
06 Apr 14:30	02 Mar 14:30

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