11 pip movement on SI expected
Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect a 11 pip movement on SI within 2 hours following the event release at 18 Jan 03:00 UTC. We expect SI to trend downwards 2 hours following the event release at 18 Jan 03:00 UTC if the released value is = -0.1%Historical events that allowed us…