Based on the last 12 Balance of Trade events in Japan, we expect a $0.028 movement on AC within 4 hours following the event release at 19 Nov 23:50. We expect AC to trend downwards 4 hours following the event release at 19 Nov 23:50 if the released value is < ¥301B Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
