Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a 0 pip movement on BP for the next 12 hours. We expect BP to trend upwards for 12 hours because the released value is = -0.1%
Historical events that allowed us to draw this conclusion
21 Jan 03:00 |
31 Oct 04:00 |
19 Sep 03:00 |
20 Jun 03:00 |
15 Mar 03:00 |
23 Jan 03:00 |
20 Dec 03:00 |
31 Oct 03:00 |
19 Sep 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
