Based on the last 12 Unemployment Rate events in JP, we expect a $99.84 movement on USDCHF within 4 hours following the event release at 29 Oct 23:30.
We expect USDCHF to trend down 4 hours following the event release at 29 Oct 23:30 if the released value is < 2.4%
Historical events that allowed us to draw this conclusion
27 Sep 23:30 |
28 Jun 23:30 |
29 Mar 23:30 |
01 Mar 23:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)