Based on the last 12 BoJ Interest Rate Decision events in JP, we expect USDJPY to trend up later today. Based on these past events there is a 75.0% of this.
This will happen if the released value is = -0.1%
Historical events that allowed us to draw this conclusion
15 Mar 03:00 |
31 Oct 03:00 |
19 Sep 03:00 |
31 Jul 04:00 |
15 Jun 03:00 |
27 Apr 03:00 |
09 Mar 03:00 |
23 Jan 03:00 |
21 Dec 03:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
