Based on the last 12 Balance of Trade events in Germany, we expect a $458.98 movement on USDJPY within 2 hours following the event release at 04 Mar 07:00. We expect USDJPY to trend downwards 2 hours following the event release at 04 Mar 07:00 if the released value is > €9.2B

Historical events that allowed us to draw this conclusion

09 Jun 06:00

09 Mar 07:00