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We expect USDJPY to trend downwards today with a 66.67% chance.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect USDJPY to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 32

Historical events that allowed us to draw this conclusion

07 Dec 10:00
11 May 09:00
16 Mar 10:00
19 Jan 10:00

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

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