United States Fed Interest Rate Decision News Event – a possible $597 movement on USDJPY

Based on the last 12 Fed Interest Rate Decision events in United States, we expect a $597 movement on USDJPY within 12 hours following the event release at 2022-12-15 06:00. We expect USDJPY to trend upwards 12 hours following the event release at 2022-12-15 06:00 if the released value is = 4.5%

Historical events that allowed us to draw this conclusion

03 Nov 05:00
22 Sep 04:00
17 Mar 05:00
27 Jan 06:00
16 Dec 06:00
04 Nov 05:00
23 Sep 04:00
17 Jun 04:00

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