Based on the last 12 Consumer Confidence events in Japan, we expect USDJPY to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDJPY to trend upwards 2 hours following the event release at 29 Oct 05:00 if the released value is > 34.8. A price movement of 5 pips is expected.

Historical events that allowed us to draw this conclusion

31 Jul 05:00

08 Jan 05:00

29 Nov 05:00

31 Oct 05:00