Based on the last 12 Inflation Rate YoY events in Canada, we expect USDJPY to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDJPY to trend upwards 2 hours following the event release at 2025-05-20 12:30 if the released value is > 1.6%. A price movement of 36 pips is expected.
Historical events that allowed us to draw this conclusion
19 Nov 13:30 |
25 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
