We expect a $159.12 movement on USDJPY within 2 hours following the release of Unemployment Rate at 14 May 15:30. We expect USDJPY to trend downwards 2 hours following the event release at 14 May 15:30 if the released value is < 8.4%. A price movement of 17 pips is expected. Historical events that allowed us to draw this conclusion

13 Feb 17:30	14 Aug 15:30
16 May 15:30	20 Nov 17:30
15 Feb 17:30	18 May 15:30

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