We expect a $347 movement on USDJPY within 2 hours following the release of Inflation Rate YoY at 2022-12-21 13:30. We expect USDJPY to trend downwards 2 hours following the event release at 2022-12-21 13:30 if the released value is > 6.7%. A price movement of 46 pips is expected.
Historical events that allowed us to draw this conclusion
19 Oct 12:30 |
22 Jun 12:30 |
18 May 12:30 |
20 Apr 12:30 |
16 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).