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We expect USDJPY to trend upwards today.

Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $409 movement on USDJPY within 2 hours following the event release at 2023-05-24 06:00. We expect USDJPY to trend upwards 2 hours following the event release at 2023-05-24 06:00 if the released value is > 8.2%

Historical events that allowed us to draw this conclusion

19 Apr 06:00
22 Mar 07:00
19 Oct 06:00
17 Aug 06:00
20 Jul 06:00

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

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Esperamos un movimiento de 87 pips en el AUDUSD dentro de unas 12 horas posteriores a la publicación del evento.

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