Based on past Japan Balance of Trade news events there is a 75% chance of KW trending upwards. We expect this to happen because the released value is < ¥722.8B. A price movement of 26 pips is expected. Historical events that allowed us to draw this conclusion
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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”).
