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We expect USDJPY to trend downwards today.

We expect a $276 movement on USDJPY within 4 hours following the release of Inflation Rate YoY Prel at 2025-02-03 10:00. We expect USDJPY to trend downwards 4 hours following the event release at 2025-02-03 10:00 if the released value is = 1%. A price movement of 43 pips is expected.

Historical events that allowed us to draw this conclusion

29 Nov 10:00
31 May 09:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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