Based on the last 12 GDP Growth Rate QoQ 1st Est events in France, we could see a $76.7 movement on USDJPY within the next 4 hours. We may see USDJPY trend downwards for 4 hours because the released value is < 0.3% Historical events that allowed us to draw this conclusion
31 Jan 06:30 |
30 Jul 05:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).