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This Thursday 21 May at 11:30 PM GMT the latest JP Inflation Rate YoY number will be released.
If the number is less than than economists’ consensus there is a 75% probability that USDJPY will trend up following the news event.
This probability is based on the last 12 JP Inflation Rate YoY events, in which 3 of the last 4 events where the actual number was less than than the economist consensus resulted in an up trend of USDJPY.
Here are images of the past events:
Wednesday 18 Mar at 11:30 PM GMT:
Thursday 21 Nov at 11:30 PM GMT:
Thursday 17 Oct at 11:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance