Based on the last 12 Inflation Rate YoY events in Japan, we expect KC to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect KC to trend upwards 12 hours following the event release at 2023-06-22 23:30 if the released value is < 4.1%. A price movement of 469 pips is expected. Historical events that allowed us to draw this conclusion
22 Dec 23:30 |
20 Oct 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
