Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a 46 pip movement on USDJPY within 2 hours following the event release at 2022-10-27 12:15. We expect USDJPY to trend upwards 2 hours following the event release at 2022-10-27 12:15 if the released value is = 2%
Historical events that allowed us to draw this conclusion
08 Sep 12:15 |
09 Jun 11:45 |
14 Apr 11:45 |
10 Mar 12:45 |
28 Oct 11:45 |
09 Sep 11:45 |
10 Jun 11:45 |
22 Apr 11:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
