Based on the last 12 Inflation Rate YoY Prel events in Germany, we expect a $160.99 movement on USDJPY within 12 hours following the event release at 29 Sep 22:00. We expect USDJPY to trend downwards 12 hours following the event release at 29 Sep 22:00 if the released value is > -0.1%

Historical events that allowed us to draw this conclusion

04 Jan 00:00

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