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Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $111 movement on USDJPY within 2 hours following the event release at 2023-08-15 09:00. We expect USDJPY to trend downwards 2 hours following the event release at 2023-08-15 09:00 if the released value is > -14.7
Historical events that allowed us to draw this conclusion
|21 Feb 10:00
|17 Jan 10:00
|13 Dec 10:00
|15 Nov 10:00
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