Based on the last 12 Unemployment Rate events in France, we expect USDJPY to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect USDJPY to trend downwards 2 hours following the event release at 10 Nov 17:30 if the released value is < 7.9%. A price movement of 16 pips is expected. Historical events that allowed us to draw this conclusion

14 May 15:30	13 Feb 17:30
14 Aug 15:30	16 May 15:30
20 Nov 17:30	15 Feb 17:30

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