Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a $0.21 movement on HG within the next 12 hours. We expect HG to trend downwards for the next 12 hours because the released value is = -0.1%
Historical events that allowed us to draw this conclusion
21 Jan 03:00 |
18 Dec 03:45 |
29 Oct 03:00 |
15 Jul 03:00 |
16 Jun 02:45 |
22 May 03:00 |
27 Apr 04:00 |
16 Mar 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
