Trade with an edge around todays Japan BoJ Interest Rate Decision news event

Based on past Japan BoJ Interest Rate Decision news events there is a 75% chance of EURUSD trending upwards. We expect this to happen because the released value is = -0.1%. A price movement of 94 pips is expected.

Historical events that allowed us to draw this conclusion

19 Mar 14:00
21 Jan 14:00
18 Dec 14:45
29 Oct 14:00
17 Sep 13:00
15 Jul 13:00
27 Apr 14:00
16 Mar 16:00
19 Dec 14:00

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