Based on the last 12 Inflation Rate YoY events in Japan, we expect a 67 pip movement on OJ within 2 hours following the event release at 20 Feb 23:30 UTC. We expect OJ to trend upwards 2 hours following the event release at 20 Feb 23:30 UTC if the released value is < 0.7% Historical events that allowed us to draw this conclusion
21 Nov 23:30 |
17 Oct 23:30 |
19 Sep 23:30 |
21 Mar 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
