We expect a $161.16 movement on USDJPY within 2 hours following the release of Westpac Consumer Confidence Index at 14 Oct 10:30. We expect USDJPY to trend downwards 2 hours following the event release at 14 Oct 10:30 if the released value is < 94.5. A price movement of 17 pips is expected. Historical events that allowed us to draw this conclusion

11 Mar 10:30

11 Dec 10:30

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