We expect 6M to trend upwards for the next 12 hours. Based on these past Japan Unemployment Rate news events there is a 66.67% chance of this. We expect this to happen because the released value is = 3%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
27 Apr 23:30 |
30 Mar 23:30 |
28 Nov 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
