Based on the last 12 Inflation Rate YoY Prel events in Italy, we expect USDJPY to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 1.7% Historical events that allowed us to draw this conclusion
07 Jan 10:00 |
31 Oct 10:00 |
30 Sep 09:00 |
30 Aug 09:00 |
30 Apr 09:00 |
01 Mar 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
