
The latest US Inflation Rate YoY number has been released as 1.4.
There is a 75% probability that USDJPY will trend down for the next few hours.
This probability is based on the last 12 US 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 down trend of USDJPY.
Here are images of the past events:
Thursday 12 Nov at 01:30 PM GMT:
Wednesday 10 Jun at 12:30 PM GMT:
Tuesday 12 May at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance