Based on the last 12 Balance of Trade events in Japan, a $179.28 movement could occur on USDJPY within 12 hours following the event release at 15 Jun 23:50. We expect USDJPY to trend downwards 12 hours following the event release at 15 Jun 23:50 if the released value is > ¥-2022.6B
Historical events that allowed us to draw this conclusion
18 May 23:50 |
19 Jan 23:50 |
19 May 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
