Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect a 10 pip movement on EURUSD within 2 hours following the event release at 15 Nov 23:50 UTC. We expect EURUSD to trend upwards 2 hours following the event release at 15 Nov 23:50 UTC if the released value is > 4.4%
Historical events that allowed us to draw this conclusion
17 May 23:50 |
08 Aug 23:50 |
09 Aug 23:50 |