Based on the last 12 Industrial Production YoY events in Euro Area, a $124.32 movement could occur on USDJPY within 4 hours following the event release at 13 May 09:00. We expect USDJPY to trend downwards 4 hours following the event release at 13 May 09:00 if the released value is < -1% Historical events that allowed us to draw this conclusion
15 Mar 10:00 |
12 Jan 10:00 |
14 Jul 09:00 |
12 May 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
