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This Thursday 30 Jan at 10:00 AM GMT the latest EMU Business Confidence number will be released.
If the number is less than than economists’ consensus there is a 77.77% probability that USDJPY will trend up following the news event.
This probability is based on the last 12 EMU Business Confidence events, in which 7 of the last 9 events where the actual number was less than than the economist consensus resulted in an up trend of USDJPY.
Here are images of the past events:
Wednesday 08 Jan at 10:00 AM GMT:
Thursday 28 Nov at 10:00 AM GMT:
Friday 27 Sep at 09:00 AM GMT:
Tuesday 30 Jul at 09:00 AM GMT:
Tuesday 28 May at 09:00 AM GMT:
Thursday 28 Mar at 10:00 AM GMT:
Wednesday 30 Jan at 10:00 AM GMT:
Disclaimer: Past performance may not be indicative of future performance