We expect a 14 pip movement on NZDUSD within 4 hours following the event release.

Based on the last 12 Inflation Rate YoY events in Japan, we expect NZDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is < 3.9% Historical events that allowed us to draw this conclusion

20 Oct 23:30

17 Feb 23:30

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