We expect a $982.8 movement on USDJPY within 2 hours following the release of ECB Interest Rate Decision at 09 Sep 21:45. We expect USDJPY to trend upwards 2 hours following the event release at 09 Sep 21:45 if the released value is = 0%. A price movement of 108 pips is expected.

Historical events that allowed us to draw this conclusion

10 Jun 21:45	22 Apr 21:45
11 Mar 23:45	21 Jan 23:45
29 Oct 23:45	16 Jul 21:45
30 Apr 21:45	12 Mar 23:45

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