Based on the last 12 Inflation Rate YoY events in United Kingdom, we expect a $722.28 movement on USDJPY within 12 hours following the event release at 21 Apr 16:00. We expect USDJPY to trend downwards 12 hours following the event release at 21 Apr 16:00 if the released value is = 0.8%

Historical events that allowed us to draw this conclusion

21 Oct 17:00

17 Jun 16:00

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