Based on past Italy GDP Growth Rate QoQ Adv news events there is a 66.67% chance of USDJPY trending upwards. We expect this to happen because the released value is < 0.1%. A price movement of 28 pips is expected. Historical events that allowed us to draw this conclusion
31 Oct 09:00 |
31 Jul 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
