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We expect CC to trend downwards today with a 66.67% chance.

Based on the last 12 Inflation Rate YoY events in Japan, we expect CC to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect CC to trend downwards 2 hours following the event release at 2023-05-18 23:30 if the released value is > 2.5%. A price movement of 3250 pips is expected.

Historical events that allowed us to draw this conclusion

23 Feb 23:30
18 Aug 23:30
19 May 23:30

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

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Esperamos un movimiento en $373 del UB dentro de 48 después del evento publicado a las 2023-05-18 23:30.

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D’après les derniers 12 événements Taux D'Inflation (Annuel) en Japon, nous prévoyons que USDCAD ira à la hausse plus tard dans la journée. Basé sur ces derniers événements, cela arrivera avec une probabilité de 66,67%.

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