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We expect CRD to trend upwards today with a 80% chance.

Based on the last 12 Inflation Rate YoY events in United States, we expect CRD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect CRD to trend upwards 48 hours following the event release at 13 Nov 13:30 if the released value is < 1.7%. A price movement of 593 pips is expected. Historical events that allowed us to draw this conclusion

10 Oct 12:30
12 Sep 12:30
12 Jun 12:30
12 Mar 12:30

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

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USD/JPY Target Level: 108.4437

USD/JPY Target Level: 108.4437

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We expect USDJPY to trend upwards today with a 80% chance.

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