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We expect KC to trend upwards with a 66.67% chance.

We expect KC to trend upwards for the next 2 hours. Based on these past Italy Inflation Rate YoY Prel news events there is a 66.67% chance of this. We expect this to happen because the released value is > 1.5%. A price movement of 146 pips is expected.

Historical events that allowed us to draw this conclusion

03 Feb 10:00
31 Jul 08:30

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

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We expect a 57 pip movement on USDJPY within 4 hours following the event release.

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