Based on the last 12 Retail Sales MoM events in United States, we expect USDJPY to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDJPY to trend upwards 2 hours following the event release at 16 Oct 12:30 if the released value is > 0.3%. A price movement of 14 pips is expected.
Historical events that allowed us to draw this conclusion
13 Sep 12:30 |
15 Aug 12:30 |
16 Jul 12:30 |
11 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
