Based on the last 12 Inflation Rate YoY events in Japan, we expect EURUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is = 3.3%
Historical events that allowed us to draw this conclusion
19 Sep 23:30 |
18 Jul 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
