Japan Inflation Rate YoY News Event – a $26.34 opportunity on USDJPY

We expect a $26.34 movement on USDJPY within the next 2 hours. We expect USDJPY to trend upwards 2 hours following the Inflation Rate YoY events in Japan release because 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