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”).