Based on the last 12 Balance of Trade events in Japan, we expect BP to trend upwards. Based on these past events there is a 66.67% chance of this. We expect BP to trend upwards for 12 hours because the released value is < ¥989.8B. A price movement of 1 pips is expected. Historical events that allowed us to draw this conclusion
19 Jul 23:50 |
20 Oct 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
