United States Inflation Rate YoY News Event – a $353.78 opportunity on USDJPY

We expect a $353.78 movement on USDJPY within 2 hours following the release of Inflation Rate YoY at 10 Jun 12:30. We expect USDJPY to trend upwards 2 hours following the event release at 10 Jun 12:30 if the released value is < 0.2%. A price movement of 38 pips is expected. Historical events that allowed us to draw this conclusion

10 Apr 12:30
10 Oct 12:30
12 Sep 12:30
12 Jun 12:30