Date | Thursday 11th July 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 – 19-06-14 | |
Time | 07:30 |
Forecast | 0.1 |
Actual | 0.3 |
Deviation | +0.2 |
One minute spike | 486 pips |
How we setup
Main Event | SEK CPI MoM |
Market | USD/SEK |
Deviation | +/-0.1 |
Prior | 0.3 |
Forecast | -0.1 |
Triggers |
Buy <-0.1 Sell >-0.1 |
Conflict 1 | SEK CPI YoY |
Prior | 2.2 |
Forecast | 1.9 |
Triggers |
Buy <1.0 Sell >1.9 |