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On Event

Japan Unemployment Rate News Event – a possible $130 movement on AUDUSD

Based on the last 12 Unemployment Rate events in Japan, we expect a 13 pip movement on AUDUSD within 2 hours following the event release at 2023-03-30 23:30. We expect AUDUSD to trend downwards 2 hours following the event release at 2023-03-30 23:30 if the released value is > 2.4%

Historical events that allowed us to draw this conclusion

28 Nov 23:30
28 Jul 23:30
30 Jun 23:30