Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect a $453 movement on USDJPY within 2 hours following the event release at 2022-10-31 09:00. We expect USDJPY to trend upwards 2 hours following the event release at 2022-10-31 09:00 if the released value is > 0%
Historical events that allowed us to draw this conclusion
29 Jul 08:00 |
31 Jan 10:00 |
29 Oct 08:00 |
30 Apr 08:00 |
02 Feb 09:00 |
30 Oct 09:00 |
31 Jul 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
