Based on the last 12 Inflation Rate YoY events in Japan, we may see a 262 pip movement on C within 2 hours following the event release at 19 May 23:30 UTC. C may trend downwards 2 hours following the event release at 19 May 23:30 UTC if the released value is < 1.5% Historical events that allowed us to draw this conclusion
17 Feb 23:30 |
23 Sep 23:30 |
20 May 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).