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We expect a $0 movement on 6E within the next 4 hours.

Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a $0 movement on 6E within the next 4 hours. We expect 6E to trend upwards for the next 4 hours because the released value is = -0.1%

Historical events that allowed us to draw this conclusion

17 Dec 03:00
22 Sep 03:00
16 Jul 03:00
27 Apr 03:00
19 Mar 03:00
21 Jan 03:00
18 Dec 03:45
29 Oct 03:00
17 Sep 03:00
15 Jul 03:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect a 114 pip movement on GBPUSD within 12 hours following the event release.

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We expect USDCHF to trend upwards today with a 66.67% chance.

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