We expect a $212 movement on USDJPY within 4 hours following the release of Inflation Rate YoY at 2024-12-19 23:30. We expect USDJPY to trend upwards 4 hours following the event release at 2024-12-19 23:30 if the released value is > 2.5%. A price movement of 33 pips is expected.
Historical events that allowed us to draw this conclusion
21 Nov 23:30 |
20 Jun 23:30 |
23 May 23:30 |
21 Dec 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).