TradersNews 80% probability that USDJPY will trend up on Friday 31 Jan at 06:30 AM GMT if the FR GDP Growth Rate QoQ Prel number is less than 0.2%.

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This Friday 31 Jan at 06:30 AM GMT the latest FR GDP Growth Rate QoQ Prel number will be released.
If the number is less than than economists’ consensus there is a 80% probability that USDJPY will trend up following the news event.

This probability is based on the last 12 FR GDP Growth Rate QoQ Prel events, in which 4 of the last 5 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:

Tuesday 30 Jul at 05:30 AM GMT:

Tuesday 30 Oct at 06:30 AM GMT:

Friday 27 Apr at 05:30 AM GMT:

Friday 28 Apr at 05:30 AM GMT:

Disclaimer: Past performance may not be indicative of future performance