Based on the last 12 Unemployment Rate events in Euro Area, we expect a $535.68 movement on USDJPY within 12 hours following the event release at 10 Jan 21:00. We expect USDJPY to trend upwards 12 hours following the event release at 10 Jan 21:00 if the released value is < 7.2% Historical events that allowed us to draw this conclusion

30 Jul 19:00	01 Jul 19:00
30 Apr 19:00	04 Mar 21:00
08 Jan 21:00

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