Based on the last 12 Inflation Rate YoY events in Japan, we expect a $50 movement on AUDUSD within 2 hours following the event release at 20 Jan 23:30. We expect AUDUSD to trend downwards 2 hours following the event release at 20 Jan 23:30 if the released value is > 0.7%
Historical events that allowed us to draw this conclusion
23 Dec 23:30 |
19 Jul 23:30 |
17 Jun 23:30 |
18 Feb 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
