Based on the last 12 Balance of Trade events in Japan, we expect a 121 pip movement on USDCHF within 48 hours following the event release at 2025-02-18 23:50. We expect USDCHF to trend upwards 48 hours following the event release at 2025-02-18 23:50 if the released value is > ¥-2100B
Historical events that allowed us to draw this conclusion
22 Jan 23:50![]() |
17 Dec 23:50![]() |
17 Sep 23:50![]() |
17 Jul 23:50![]() |
16 Apr 23:50![]() |
20 Mar 23:50![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).