Germany Inflation Rate YoY Prel News Event – a possible $112.58 movement on USDJPY

Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a $112.58 movement on USDJPY within 2 hours following the event release at 01 Feb 00:00. We expect USDJPY to trend downwards 2 hours following the event release at 01 Feb 00:00 if the released value is > 4.3%

Historical events that allowed us to draw this conclusion

07 Jan 00:00
28 Oct 23:00
29 Jul 22:00
31 May 22:00
02 Mar 00:00
29 Jan 00:00

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