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 75% chance of this. We expect USDJPY to trend downwards 4 hours following the event release at 11 Dec 00:30 if the released value is < 1.1%. A price movement of 17 pips is expected. Historical events that allowed us to draw this conclusion

13 Nov 00:30	10 Jun 22:30
10 Apr 22:30

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