Based on the last 12 Unemployment Rate events in United Kingdom, we expect USDJPY to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 3.8% Historical events that allowed us to draw this conclusion
19 Jul 06:00 |
17 May 06:00 |
15 Mar 07:00 |
18 Jan 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
