United States Fed Interest Rate Decision News Event – a possible $624.44 movement on USDJPY

Based on the last 12 Fed Interest Rate Decision events in United States, we expect a $624.44 movement on USDJPY within 12 hours following the event release at 11 Jun 04:00. We expect USDJPY to trend downwards 12 hours following the event release at 11 Jun 04:00 if the released value is = 0.25%

Historical events that allowed us to draw this conclusion

30 Apr 04:00
30 Jan 06:00
12 Dec 06:00
31 Oct 05:00
19 Sep 04:00
20 Jun 04:00
21 Mar 05:00
31 Jan 06:00
20 Dec 06:00
09 Nov 06:00

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