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We expect a $949.62 movement on USDJPY within 12 hours following the release of BoJ Interest Rate Decision at 18 Dec 14:00. We expect USDJPY to trend downwards 12 hours following the event release at 18 Dec 14:00 if the released value is = -0.1%. A price movement of 98 pips is expected.
Historical events that allowed us to draw this conclusion
29 Oct 14:00 |
17 Sep 13:00 |
15 Jul 13:00 |
16 Jun 12:45 |
22 May 13:00 |
27 Apr 14:00 |
16 Mar 16:00 |
19 Dec 14:00 |
31 Oct 15:00 |
30 Jul 13:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).