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This Tuesday 11 Aug at 01:30 AM GMT the latest AU NAB Business Confidence number will be released.
If the number is greater than than economists’ consensus there is a 80% probability that USDJPY will trend down following the news event.
This probability is based on the last 12 AU NAB Business Confidence events, in which 2 of the last 5 events where the actual number was greater than than the economist consensus resulted in an down trend of USDJPY.
Here are images of the past events:
Tuesday 14 Jul at 01:30 AM GMT:
Tuesday 12 May at 01:30 AM GMT:
Disclaimer: Past performance may not be indicative of future performance