Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a $886 movement on USDJPY within 12 hours following the event release at 2023-07-27 12:15. We expect USDJPY to trend upwards 12 hours following the event release at 2023-07-27 12:15 if the released value is = 4.25%
Historical events that allowed us to draw this conclusion
16 Mar 13:15 |
02 Feb 13:15 |
15 Dec 13:15 |
08 Sep 12:15 |
09 Jun 11:45 |
14 Apr 11:45 |
10 Mar 12:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
