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We expect LE to trend downwards with a 75% chance.

Based on the last 12 Inflation Rate YoY events in Japan, we could see a $184 movement on LE within the next 4 hours. LE could trend downwards for the next 4 hours because the released value is < 3.7% Historical events that allowed us to draw this conclusion

17 Apr 23:30
20 Mar 23:30
22 Aug 23:30

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

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