Based on the last 12 Balance of Trade events in Japan, we expect a 316 pip movement on OJ within 4 hours following the event release at 2025-03-18 23:50. We expect OJ to trend upwards 4 hours following the event release at 2025-03-18 23:50 if the released value is < ¥722.8B Historical events that allowed us to draw this conclusion
19 Nov 23:50![]() |
20 Aug 23:50![]() |
21 May 23:50![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).