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There is a 81.82% chance of LE trending upwards

Based on the last 12 BoJ Interest Rate Decision events in Japan, we expect LE to trend upwards later today. Based on these past events there is a 81.82% chance of this. This may happen if the released value is = 0.5%

Historical events that allowed us to draw this conclusion

19 Mar 03:00
24 Jan 03:30
31 Oct 03:00
20 Sep 03:00
14 Jun 03:25
26 Apr 03:00
19 Mar 03:00
23 Jan 03:00
19 Dec 03:00

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

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