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We expect KW to trend downwards today with a 75% chance.

Based on the last 12 Balance of Trade events in Japan, we expect KW to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > ¥-3871.5B

Historical events that allowed us to draw this conclusion

18 Jan 23:50
20 Jul 23:50
18 May 23:50

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect GBPUSD to trend downwards today with a 75% chance.

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Esperamos un movimiento de 54 pips en el USDCAD dentro de unas 4 horas posteriores a la publicación del evento.

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