Based on the last 12 PPI MoM events in United States, we could see USDJPY trend upwards right now. Based on historical events there is a 75% chance of this. This may happen because the released value is > 0.3%
Historical events that allowed us to draw this conclusion
11 Oct 12:30 |
14 Sep 12:30 |
11 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
