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.

How we setup

Main Event SEK CPI MoM
Market USD/SEK
Deviation +/-0.1
Prior 0.2
Forecast 0.6
Triggers Buy <0.6
Sell >0.6
Conflict 1 SEK CPI YoY
Prior 1.9
Forecast 2.1
Triggers Buy <2.1
Sell >2.1

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