We expect a 39 pip movement on USDJPY within 2 hours following the event release.

We expect a $269 movement on USDJPY within 2 hours following the release of Non Farm Payrolls at 2025-05-02 12:30. We expect USDJPY to trend upwards 2 hours following the event release at 2025-05-02 12:30 if the released value is < 130K. A price movement of 39 pips is expected. Historical events that allowed us to draw this conclusion

07 Mar 13:30

01 Nov 12:30

06 Sep 12:30

03 May 12:30

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