Based on the last 12 Inflation Rate YoY events in Japan, we expect a $386.133 movement on USDCHF within 4 hours following the event release at 21 Feb 10:30. We expect USDCHF to trend upwards 4 hours following the event release at 21 Feb 10:30 if the released value is < 0.7% Historical events that allowed us to draw this conclusion

22 Nov 10:30

22 Mar 10:30

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