Based on the last 12 Unemployment Rate events in Japan, we expect a 40,000 pip movement on NKD within 12 hours following the event release at 29 Oct 23:30 UTC. We expect NKD to trend downwards 12 hours following the event release at 29 Oct 23:30 UTC if the released value is < 3.1% Historical events that allowed us to draw this conclusion
30 Jul 23:30 |
28 May 23:30 |
30 Jan 23:30 |
26 Dec 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
