Based on the last 12 Retail Sales MoM events in United States, we expect a $296.32 movement on USDJPY within 2 hours following the event release at 13 Sep 12:30. We expect USDJPY to trend upwards 2 hours following the event release at 13 Sep 12:30 if the released value is < 0.2% Historical events that allowed us to draw this conclusion
14 Jun 12:30 |
15 May 12:30 |
01 Apr 12:30 |
14 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).