Based on the last 12 Unemployment Rate events in Canada, we expect a $338.52 movement on USDJPY within 4 hours following the event release at 08 Apr 22:30. We expect USDJPY to trend upwards 4 hours following the event release at 08 Apr 22:30 if the released value is > 5.3%

Historical events that allowed us to draw this conclusion

05 Feb 00:30	06 Aug 22:30
09 Jul 22:30

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