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On Event

Japan Inflation Rate YoY News Event – a possible $110 movement on EURUSD

We expect a $110 movement on EURUSD within 2 hours following the release of Inflation Rate YoY at 2023-05-18 23:30. We expect EURUSD to trend upwards 2 hours following the event release at 2023-05-18 23:30 if the released value is > 2.5%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

23 Feb 23:30
17 Nov 23:30
19 Sep 23:30
23 Jun 23:30