Based on the last 12 Inflation Rate YoY events in Japan, we expect RU to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect RU to trend downwards 48 hours following the event release at 17 Jun 23:30 if the released value is = -0.3%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
18 Mar 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
