Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect GF to trend upwards later today. Based on these past events there is a 72.73% chance of this. We expect GF to trend upwards 4 hours following the event release at 2024-10-31 03:00 if the released value is = 0.25%. A price movement of 111 pips is expected.
Historical events that allowed us to draw this conclusion
20 Sep 03:00 |
14 Jun 03:25 |
26 Apr 03:00 |
19 Mar 03:00 |
23 Jan 03:00 |
31 Oct 03:00 |
22 Sep 03:00 |
16 Jun 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
