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”).
