Japan Inflation Rate YoY News Event – a $26.31 opportunity on USDJPY

We expect a $26.31 movement on USDJPY within 2 hours following the release of Inflation Rate YoY at 21 Oct 23:30. We expect USDJPY to trend upwards 2 hours following the event release at 21 Oct 23:30 if the released value is > -0.3%. A price movement of 3 pips is expected.

Historical events that allowed us to draw this conclusion

17 Jun 23:30
18 Feb 23:30