United States Non Farm Payrolls News Event – a $150.79 opportunity on USDJPY

We expect a $150.79 movement on USDJPY within 12 hours following the release of Non Farm Payrolls at 07 Dec 13:30. We expect USDJPY to trend upwards 12 hours following the event release at 07 Dec 13:30 if the released value is > 200K. A price movement of 17 pips is expected.

Historical events that allowed us to draw this conclusion

02 Nov 12:30
07 Sep 13:30
01 Jun 13:30
09 Mar 13:30
08 Dec 13:30

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