Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect USDJPY to trend downwards later today. Based on these past events there is a 71.43% chance of this. This will happen if the released value is > 20
Historical events that allowed us to draw this conclusion
19 Jul 14:30 |
17 May 14:30 |
19 Apr 14:30 |
15 Feb 15:30 |
21 Dec 15:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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