Based on the last 12 Inflation Rate YoY events in Japan, we could see a $140.94 movement on USDJPY within the next 12 hours. We may see USDJPY trend downwards for 12 hours because the released value is > 1.5%
Historical events that allowed us to draw this conclusion
21 Apr 23:30 |
20 Jan 23:30 |
23 Dec 23:30 |
21 Oct 23:30 |
19 Jul 23:30 |
17 Jun 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
