We expect a $2.471 movement on SI within 2 hours following the release of BoJ Interest Rate Decision at 17 Dec 03:00. We expect SI to trend downwards 2 hours following the event release at 17 Dec 03:00 if the released value is = -0.1%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

22 Sep 03:00

16 Jul 03:00

18 Jun 03:00

21 Jan 03:00

18 Dec 03:45

17 Sep 03:00

15 Jul 03:00

16 Jun 02:45

22 May 03:00