Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a $658.7 movement on USDJPY within 12 hours following the event release at 29 Aug 12:00. We expect USDJPY to trend upwards 12 hours following the event release at 29 Aug 12:00 if the released value is > 1.5%
Historical events that allowed us to draw this conclusion
30 Jul 12:00 |
30 Apr 12:00 |
28 Feb 13:00 |
30 Oct 13:00 |
27 Sep 12:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
