Based on the last 12 Industrial Production YoY events in Euro Area, we expect a $149 movement on USDJPY within 2 hours following the event release at 2023-05-15 09:00. We expect USDJPY to trend downwards 2 hours following the event release at 2023-05-15 09:00 if the released value is < 0.9% Historical events that allowed us to draw this conclusion
14 Sep 09:00 |
15 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).