Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect DC to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect DC to trend downwards 2 hours following the event release at 16 Feb 23:50 if the released value is < -0.9%. A price movement of 8 pips is expected. 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”).
