SEK CPI MoM - 19-05-14

Date: Tuesday 14th May 2019

Time: 07:30

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

Time: 07:30

Forecast: 0.2

Actual: 0.2

Deviation: 0

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

Our market of choice: USD/SEK

Main Report

SEK CPI MoM

Deviation: +/-0.1

Prior Forecast Buy Sell
0.2 0.6 <0.6 >0.6
Conflicts

1. SEK CPI YoY

Prior Forecast Buy Sell
1.9 2.1 <2.1 >2.1

As always, make sure you set the auto-click locations, and we advise hitting load on News Trader Pro 60 seconds before the scheduled release time. Good luck!

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