BoJ: next release & how markets react
Every Bank of Japan rate decision release measured across gold, indices, forex and oil from 1-minute bars. Dates for every release: economic calendar.
First hour after BoJ
Average of the last 8 · share of a normal day| Market | First hour vs a normal day | Reversed | Swept a level |
|---|---|---|---|
| USDJPY | 1 of 8 | 1 of 8 | |
| AUDUSD | 3 of 8 | 1 of 8 | |
| EURUSD | 1 of 8 | 0 of 8 | |
| GBPUSD | 3 of 8 | 0 of 8 | |
| Silver | 6 of 8 | 0 of 8 | |
| NAS100 | 1 of 8 | 0 of 8 |
Every BoJ release
8 measured- BoJ: USDJPY moved 76 pips in the first hour — 118% of a normal dayTuesday, 31 July 2018 · 00:00 New York
- BoJ: USDJPY moved 5.52 pips in the first hour — 8% of a normal dayFriday, 15 June 2018 · 00:00 New York
- BoJ: USDJPY moved 6.52 pips in the first hour — 10% of a normal dayFriday, 27 April 2018 · 00:00 New York
- BoJ: USDJPY moved 6.38 pips in the first hour — 9% of a normal dayTuesday, 31 October 2017 · 00:00 New York
- BoJ: USDJPY moved 11.57 pips in the first hour — 14% of a normal dayThursday, 20 July 2017 · 00:00 New York
- BoJ: USDJPY moved 8.35 pips in the first hour — 10% of a normal dayFriday, 16 June 2017 · 00:00 New York
- BoJ: USDJPY moved 11.71 pips in the first hour — 13% of a normal dayThursday, 27 April 2017 · 00:00 New York
- BoJ: USDJPY moved 8.29 pips in the first hour — 9% of a normal dayThursday, 16 March 2017 · 00:00 New York
Trade the next release before it happens
Replay any news day candle by candle on CRTLAB, place your trade, and see how it would have played out. Free every day.
Frequently asked questions
Which market moves most on BoJ?
Across 8 BoJ releases measured, USDJPY moved most in the first hour relative to its normal day (24% of an average day's range), then AUDUSD (14%) and EURUSD (10%).
Does the first move after BoJ hold?
USDJPY: reversed within the hour 1 of 8 times; AUDUSD: reversed within the hour 3 of 8 times; EURUSD: reversed within the hour 1 of 8 times; GBPUSD: reversed within the hour 3 of 8 times.
How can I practise trading BoJ?
Open a past BoJ day on CRTLAB and replay it candle by candle with your own entry, stop and target. Free every day, in the browser.
