The Fundamental FOREX Blog

On Thursday, 11-26-09 at 6:30 PM ET, the Japan Statistics Bureau released the monthly JPY Tokyo Core Consumer Price Index and JPY National Core Consumer Price Index YoY reports

Plus 7 additional reports which are:

JPY Jobless Rate
JPY Job-To-Applicant Ratio
JPY Household Spending (YoY)
JPY Tokyo Consumer Price Index (YoY)
JPY Tokyo Consumer Price Index Ex Food, Energy (YoY)
JPY National Consumer Price Index (YoY)
JPY National Consumer Price Index Ex Food, Energy (YoY)

I posted a “preview” on Wednesday, 11-25-09, click here for a review.

Here is what happened on Thursday:

JPY Tokyo Core Consumer Price Index YoY – Stats

Previous = -2.2%

Forecast = -2.0%

Actual = -1.9%
Good- the “actual” came out higher then “forecast” by 0.1%, and higher then “previous” by 0.3%.

JPY National Core Consumer Price Index YoY – Stats

Previous = -2.3%

Forecast = -2.2%

Actual = -2.2%
Good – the “actual” came out the same as “forecast“ and higher then the “previous” by 0.1%.

I watched only 5 currency pairs, AUD/JPY, CAD/JPY, EUR/JPY, GBP/JPY and USD/JPY.

All 5 had good movement.

I did set up to trade the GBP/JPY currency pair – I did the trade and won.

Here are the charts:

a one minute AUDJPY chart

This currency pair AUD/JPY moved down about 135 PIPS in 14 minutes – right direction.

a one minute CAD/JPY chart

This currency pair CAD/JPY moved down about 90 PIPS in 14 minutes – right direction.

a one minute EUR/JPY chart

This currency pair EUR/JPY moved down about 180 PIPS in 14 minutes – right direction.

a one minute GBP/JPY chart

This currency pair GBP/JPY moved down about 190 PIPS in 14 minutes – right direction.  Had a winning trade!

a one minute USD/JPY chart

This currency pair USD/JPY moved down about 95 PIPS in 14 minutes – right direction.

The next scheduled release of these two reports on Tuesday, 12-23-09 at 8:30 PM ET, at this point in time there may be additional reports released at the same time.

I will probably post a “preview“ a day or two prior.

Stay tuned!