Based on the last 12 Employment Change events in Canada, we expect a $402.05 movement on USDJPY within 2 hours following the event release at 06 Sep 12:30. We expect USDJPY to trend upwards 2 hours following the event release at 06 Sep 12:30 if the released value is < 15K Historical events that allowed us to draw this conclusion
05 Jul 12:30 |
05 Apr 12:30 |
07 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
