Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect CT to trend downwards. Based on these past events there is a 66.67% chance of this. We expect CT to trend downwards for 48 hours because the released value is = -0.1%. A price movement of 273 pips is expected.
Historical events that allowed us to draw this conclusion
16 Jul 03:00 |
27 Apr 03:00 |
19 Mar 03:00 |
21 Jan 03:00 |
18 Dec 03:45 |
29 Oct 03:00 |
17 Sep 03:00 |
15 Jul 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
