Based on the last 12 Inflation Rate YoY events in Japan, we expect PL to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect PL to trend downwards 4 hours following the event release at 21 Nov 23:30 if the released value is < 0.3%. A price movement of 135 pips is expected. Historical events that allowed us to draw this conclusion
17 Oct 23:30 |
21 Mar 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
