Based on the last 12 Retail Sales MoM events in United States, we expect a $210.72 movement on USDJPY within 4 hours following the event release at 15 Jan 00:30. We expect USDJPY to trend downwards 4 hours following the event release at 15 Jan 00:30 if the released value is > 0%

Historical events that allowed us to draw this conclusion

15 Oct 23:30	16 Jul 22:30
15 Apr 22:30	18 Feb 00:30

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