Based on the last 12 Inflation Rate YoY events in Japan, we expect USDCHF to trend downwards right now. Based on these past events there is a 66.67% chance of this. This may happen because the released value is > 1.1%
Historical events that allowed us to draw this conclusion
17 Mar 23:30 |
20 Jan 23:30 |
23 Dec 23:30 |
21 Oct 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).