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We expect a $430 movement on USDJPY within 12 hours following the release of ISM Non-Manufacturing PMI.

Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a 57 pip movement on USDJPY within 12 hours following the event release at 2022-10-05 14:00. We expect USDJPY to trend upwards 12 hours following the event release at 2022-10-05 14:00 if the released value is > 56

Historical events that allowed us to draw this conclusion

06 Sep 14:00
06 Jul 14:00
03 Feb 15:00
03 Nov 14:00
05 Oct 14:00

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

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Esperamos un movimiento en $136914 del CC dentro de 4 horas después de la publicación del evento a las 2022-10-05 14:00.

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