This Wednesday 11 Apr at 12:30 PM GMT the latest US Inflation Rate YoY number will be released.
If the number is equal to than economists’ consensus there is a 75% probability that USDJPY will trend up following the news event.
This probability is based on the last 12 US Inflation Rate YoY events, in which 3 of the last 4 events where the actual number was equal to than the economist consensus resulted in an up trend of USDJPY.
Here are images of the past events:
Friday 12 Jan at 01:30 PM GMT:
Wednesday 13 Dec at 01:30 PM GMT:
Wednesday 15 Nov at 01:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance