Based on the last 12 Inflation Rate YoY events in United States, we expect USDJPY to trend downwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > 5.3%

Historical events that allowed us to draw this conclusion

11 Aug 22:30	10 Jun 22:30
13 Apr 22:30	14 Jan 00:30
11 Dec 00:30

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