Based on the last 12 Unemployment Rate events in Euro Area, we expect a 8 pip movement on USDJPY within 2 hours following the event release at 30 Sep 09:00 UTC. We expect USDJPY to trend upwards 2 hours following the event release at 30 Sep 09:00 UTC if the released value is < 7.5% Historical events that allowed us to draw this conclusion
30 Jul 09:00 |
01 Jul 09:00 |
04 Mar 10:00 |
08 Jan 10:00 |