Based on past Japan Inflation Rate YoY news events there is a 66.67% chance of USDCHF trending downwards. We expect this to happen because the released value is < 2.6%. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion

22 Jul 09:30

24 Sep 09:30

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