Based on the last 12 Inflation Rate YoY events in Japan, we expect EURUSD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect EURUSD to trend downwards 2 hours following the event release at 17 Dec 23:30 if the released value is > -0.5%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

17 Sep 23:30

23 Apr 23:30

23 Jan 23:30

19 Dec 23:30