Switzerland KOF Leading Indicators News Event – a possible $464.64 movement on USDJPY

Based on the last 12 KOF Leading Indicators events in Switzerland, we expect a $464.64 movement on USDJPY within 2 hours following the event release at 30 Dec 19:00. We expect USDJPY to trend downwards 2 hours following the event release at 30 Dec 19:00 if the released value is > 100.5

Historical events that allowed us to draw this conclusion

30 Nov 19:00
28 Aug 17:00
30 Jul 17:00
30 Mar 18:00
28 Feb 19:00
30 Dec 19:00

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