Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect USDJPY to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 0.5% Historical events that allowed us to draw this conclusion
04 Jun 01:30 |
04 Dec 00:30 |
04 Sep 01:30 |
05 Jun 01:30 |
06 Mar 00:30 |
06 Dec 00:30 |
07 Dec 00:30 |
07 Sep 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
