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This Wednesday 25 Mar at 12:30 PM GMT the latest US Durable Goods Orders MoM number will be released.
If the number is greater than than economists’ consensus there is a 75% probability that USDJPY will trend up following the news event.
This probability is based on the last 12 US Durable Goods Orders MoM events, in which 6 of the last 8 events where the actual number was greater than than the economist consensus resulted in an up trend of USDJPY.
Here are images of the past events:
Tuesday 28 Jan at 01:30 PM GMT:
Wednesday 27 Nov at 01:30 PM GMT:
Friday 27 Sep at 12:30 PM GMT:
Monday 26 Aug at 12:30 PM GMT:
Thursday 25 Jul at 12:30 PM GMT:
Tuesday 02 Apr at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance