Based on the last 12 Unemployment Rate events in Euro Area, we expect a $725 movement on USDJPY within 12 hours following the event release at 2022-11-03 10:00. We expect USDJPY to trend upwards 12 hours following the event release at 2022-11-03 10:00 if the released value is = 6.6%
Historical events that allowed us to draw this conclusion
30 Sep 09:00 |
01 Sep 09:00 |
01 Jun 09:00 |
02 Dec 10:00 |
03 Nov 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
