GDP Growth Rate QoQ Prel

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Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we expect EURUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect EURUSD to trend upwards 4 hours following the event release at 2023-05-16 23:50 if the released value is > 0.1%. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

15 Aug 23:50
14 Feb 23:50
15 Nov 23:50
17 May 23:50

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