Based on past Japan Inflation Rate YoY news events there is a 66.67% chance of SI trending upwards. We expect this to happen because the released value is < 0.1%. A price movement of 24 pips is expected. Historical events that allowed us to draw this conclusion
22 Apr 23:30 |
19 Nov 23:30 |
22 Oct 23:30 |
21 May 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
