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We expect a $285.78 movement on USDJPY within 2 hours following the release of Balance of Trade at 04 Mar 18:00. We expect USDJPY to trend downwards 2 hours following the event release at 04 Mar 18:00 if the released value is < €9.2B. A price movement of 33 pips is expected. Historical events that allowed us to draw this conclusion
09 Feb 18:00 |
07 Jan 18:00 |
09 Dec 18:00 |
09 Nov 18:00 |
08 Oct 17:00 |
09 Sep 16:00 |
09 Aug 16:00 |
08 Jul 16:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).