We expect a $257.04 movement on USDJPY within 2 hours following the release of Continuing Jobless Claims at 04 Jun 22:30. We expect USDJPY to trend downwards 2 hours following the event release at 04 Jun 22:30 if the released value is < 20050K. A price movement of 28 pips is expected. Historical events that allowed us to draw this conclusion

28 May 22:30	14 May 22:30
30 Apr 22:30	16 Apr 22:30
09 Apr 22:30	19 Mar 23:30

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