Based on the last 12 Inflation Rate YoY events in Japan, we may expect GC to trend downwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because the released value is = 2.7%. A price movement of 870 pips may be experienced.
Historical events that allowed us to draw this conclusion
18 Jan 23:30 |
20 Apr 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
