Based on the last 12 ZEW Economic Sentiment Index events in DE, we expect a $71.44 movement on USDJPY within 2 hours following the event release at 16 Oct 09:00.
We expect USDJPY to trend up 2 hours following the event release at 16 Oct 09:00 if the released value is < -12
Historical events that allowed us to draw this conclusion
10 Jul 09:00 |
12 Jun 09:00 |
17 Apr 09:00 |
20 Mar 10:00 |
17 Oct 09:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
