Based on past Japan Inflation Rate YoY news events there is a 75% chance of CC trending downwards. We expect this to happen if the released value is > 3.3%. A price movement of 1082 pips is expected.
Historical events that allowed us to draw this conclusion
20 Feb 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”).
