Based on the last 12 Inflation Rate YoY events in Japan, we expect a 37 pip movement on DX within 4 hours following the event release at 17 Sep 23:30 UTC. We expect DX to trend upwards 4 hours following the event release at 17 Sep 23:30 UTC if the released value is > 0.1%
Historical events that allowed us to draw this conclusion
20 Aug 23:30 |
23 Apr 23:30 |
23 Jan 23:30 |
19 Dec 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
