Based on past Germany Inflation Rate YoY Prel news events there is a 83.33% chance of USDJPY trending upwards. We expect this to happen if the released value is > 3.9%. A price movement of 58 pips is expected.

Historical events that allowed us to draw this conclusion

31 May 22:00	29 Apr 22:00
02 Mar 00:00	29 Jan 00:00
30 Oct 00:00

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