Based on the last 12 Inflation Rate YoY events in Japan, we expect CT to trend downwards later today. Based on these past events there is a 75% chance of this. We expect CT to trend downwards 48 hours following the event release at 19 Dec 23:30 if the released value is = 0.2%. A price movement of 154 pips is expected.
Historical events that allowed us to draw this conclusion
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
