Switzerland GDP Growth Rate QoQ News Event – a possible $242.48 movement on USDJPY

Based on the last 12 GDP Growth Rate QoQ events in Switzerland, we expect a $242.48 movement on USDJPY within 4 hours following the event release at 28 Feb 19:00. We expect USDJPY to trend upwards 4 hours following the event release at 28 Feb 19:00 if the released value is > 0.4%

Historical events that allowed us to draw this conclusion

26 Feb 19:00
01 Dec 17:45
27 Aug 15:45
03 Mar 17:45
05 Sep 15:45

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