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We expect a $1683 movement on USDJPY within 12 hours following the event release at 2023-03-21 10:00.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $1683 movement on USDJPY within 12 hours following the event release at 2023-03-21 10:00. We expect USDJPY to trend upwards 12 hours following the event release at 2023-03-21 10:00 if the released value is < 17.1 Historical events that allowed us to draw this conclusion

13 Sep 09:00
16 Aug 09:00
14 Jun 09:00
15 Mar 10:00

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

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