Based on the last 12 Balance of Trade events in Japan, we expect a $19.553 movement on DX within 4 hours following the event release at 15 Sep 23:50. We expect DX to trend downwards 4 hours following the event release at 15 Sep 23:50 if the released value is < ¥-37.5B Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
