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We expect AUDUSD to trend downwards today with a 66.67% chance.

Based on the last 12 PPI Input YoY events in United Kingdom, we expect AUDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This will happen if the released value is < -1.8% Historical events that allowed us to draw this conclusion

17 Jul 08:30
22 May 08:30
17 Apr 08:30
13 Feb 09:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect USDJPY to trend upwards today with a 66.67% chance.

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