Germany Unemployment Change News Event – a possible $158.94 movement on USDJPY

Based on the last 12 Unemployment Change events in Germany, we expect a $158.94 movement on USDJPY within 12 hours following the event release at 29 Nov 08:55. We expect USDJPY to trend upwards 12 hours following the event release at 29 Nov 08:55 if the released value is < -10K

Historical events that allowed us to draw this conclusion

28 Sep 08:55

29 Jun 08:55

30 May 08:55

31 Jan 08:55

03 Jan 08:55

30 Nov 08:55

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

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