Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect UB to trend upwards later today. Based on these past events there is a 83.33% chance of this. We expect UB to trend upwards 12 hours following the event release at 2022-08-14 23:50 if the released value is < 0.6%. A price movement of 140 pips is expected. Historical events that allowed us to draw this conclusion
14 Nov 23:50 |
17 May 23:50 |
16 Aug 23:50 |
16 Feb 23:50 |
13 Nov 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
