We expect NIY to trend upwards today with a 83.33% chance.

We expect NIY to trend upwards later today. Based on these past Japan Unemployment Rate news events there is a 83.33% chance of this. We expect this to happen if the released value is < 2.8%. A price movement of 6,250 pips is expected.Historical events that allowed us to draw this conclusion

28 May 23:30
30 Jan 23:30
30 Sep 23:30
29 Aug 23:30
29 Jul 23:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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