United States Continuing Jobless Claims News Event – a possible $1,393.15 movement on USDJPY

Based on the last 12 Continuing Jobless Claims events in United States, we expect a $1,393.15 movement on USDJPY within 12 hours following the event release at 14 May 22:30. We expect USDJPY to trend upwards 12 hours following the event release at 14 May 22:30 if the released value is < 25100K Historical events that allowed us to draw this conclusion

30 Apr 22:30
23 Apr 22:30
16 Apr 22:30
02 Apr 23:30
19 Mar 23:30
12 Mar 23:30

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