|Date||Tuesday 14th May 2019|
SEK CPI MoM is released early in the European session. We trade the MoM figure and add CPI YoY to Conflict Manager.
We usually see a very strong move when this event deviates from the forecast. If a trade is triggered, we recommend trying to hold at least into the second minute. We like to see this event onside quickly.
What happened last time?
|SEK CPI MoM – 19-04-11|
|One minute spike||234 pips|
Last month the MoM component was in line, but the YoY beat (1.9% v. 1.8%). This is the reason for the spike lower.
Setting up procedure
|Main Event||SEK CPI MoM|
|Conflict 1||SEK CPI YoY|
Good luck! Let us know how you get on in comments section.