Japan Inflation Rate YoY News Event – a possible $50 movement on AUDUSD

Based on the last 12 Inflation Rate YoY events in Japan, we expect a $50 movement on AUDUSD within 2 hours following the event release at 23 Dec 23:30. We expect AUDUSD to trend downwards 2 hours following the event release at 23 Dec 23:30 if the released value is > 0.4%

Historical events that allowed us to draw this conclusion

19 Jul 23:30
17 Jun 23:30
18 Feb 23:30