Date | Wednesday 24th April 2019 |
Time | 01:30 |
AUD CPI is released during the Asian session. AUD Trimmed Mean CPI QoQ has been released seconds before the other components in the past and so this is the figure that we focus on. However as this event is only once every quarter, there is limited data for us to work with.
Because the components of the report are often several seconds apart, Conflict Manager is not effective for this event. It would enter too late. If it appears that the market has reacted early, hit abort and skip this event.
We do consider this event to be slightly higher risk because of these reasons.
What happened last time?
AUD Trimmed Mean CPI QoQ – 19-01-30 | |
Time | 00:30 |
Forecast | 0.4 |
Actual | 0.4 |
Deviation | 0 |
One minute spike | 28 pips |
How we setup
Main Event | AUD Trimmed Mean CPI QoQ |
Market | AUD/USD |
Deviation | +/-0.2 |
Prior | 0.4 |
Forecast | 0.4 |
Triggers |
Buy >0.5 Sell <0.3 |
Nikola N
AUD CPI Q/Q is one of the best news releases for trading in case of +-0.2 % deviation. It deserves 2 stars. Market usually follows the news even after the first minute, while movement in the first minute is significant.