We expect CRD to trend upwards later today. Based on these past Japan Inflation Rate YoY news events there is a 66.67% chance of this. We expect this to happen if the released value is < 2.5%. A price movement of 402 pips is expected. Historical events that allowed us to draw this conclusion
22 Aug 23:30 |
21 Mar 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).