Based on the last 12 Inflation Rate YoY events in Japan, we expect a $140 movement on AUDUSD within 4 hours following the event release at 19 Feb 10:30. We expect AUDUSD to trend downwards 4 hours following the event release at 19 Feb 10:30 if the released value is = -1%

Historical events that allowed us to draw this conclusion

19 Jun 09:30

21 Feb 10:30

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