Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a 0 pip movement on 6E within 4 hours following the event release at 18 Mar 03:00 UTC. We expect 6E to trend upwards 4 hours following the event release at 18 Mar 03:00 UTC if the released value is = -0.1%
Historical events that allowed us to draw this conclusion
17 Dec 03:00 |
22 Sep 03:00 |
16 Jul 03:00 |
27 Apr 03:00 |
19 Mar 03:00 |
21 Jan 03:00 |
18 Dec 03:45 |
29 Oct 03:00 |
17 Sep 03:00 |
15 Jul 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
