We expect a $11704612 movement on NIY within the next 48 hours.

We expect a $11704612 movement on NIY within the next 48 hours. We expect NIY to trend upwards 48 hours following the Unemployment Rate events in Japan release because the released value is < 2.6%. A price movement of 41750 pips is expected. Historical events that allowed us to draw this conclusion

30 May 23:30

30 Aug 23:30

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