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

Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect USDJPY to trend downwards later today. Based on these past events there is a 66.67% chance of this. This will happen if the released value is = -0.1%

Historical events that allowed us to draw this conclusion

20 Jun 03:00
25 Apr 03:00
15 Mar 03:00
20 Dec 03:00
19 Sep 03:00
15 Jun 03:00
27 Apr 03:00
23 Jan 03:00

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

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