Based on the last 12 Ifo Business Climate events in Germany, we expect USDJPY to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 90.1

Historical events that allowed us to draw this conclusion

27 Jul 08:00

24 Jun 08:00

25 May 08:00

24 Feb 09:00