Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a $0.164 movement on RB within the next 48 hours. We expect RB to trend upwards for the next 48 hours because the released value is = -0.1%
Historical events that allowed us to draw this conclusion
16 Jun 02:45 |
22 May 03:00 |
27 Apr 04:00 |
19 Dec 03:00 |
31 Oct 04:00 |
19 Sep 03:00 |
30 Jul 03:00 |
20 Jun 03:00 |
15 Mar 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
