We expect a $737.04 movement on UB within 48 hours following the release of BoJ Interest Rate Decision at 17 Sep 03:00. We expect UB to trend upwards 48 hours following the event release at 17 Sep 03:00 if the released value is = -0.1%. A price movement of 332 pips is expected.
Historical events that allowed us to draw this conclusion
15 Jul 03:00 |
16 Jun 02:45 |
21 Jan 03:00 |
19 Dec 03:00 |
31 Oct 04:00 |
19 Sep 03:00 |
30 Jul 03:00 |
25 Apr 03:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
