Sweden GDP sa (Q/Q)


Fx News Spike Signals by Crazy Cat, 2018/11/29

Release Time: 03:30 New York time (EST)
Primary currency pair: USD/SEK, EUR/SEK
Forecast: 0.2
Prior: 0.8
LT1 (Lower Trigger 1): -0.5 [BUY]
UT1 (Upper Trigger 1): +0.4 [SELL]
Safety: 2

If SE GDP SA (Q/Q) comes out at -0.3 or less ( -0.5 trigger), USD/SEK should go up by about 250 pips. If it comes out at 0.6 or better ( +0.4 trigger), USD/SEK should go down by about 250 pips.

There are 15 estimates. Median estimate is 0.2% and the average estimate is 0.15%. The highest estimate is 0.6% (two votes), then 0.4% (three estimates), 0.3% (two estimates), 0.2% (three votes), and then -0.2% (two votes) and finally the lowest estimate is -0.3% (three votes). One standard deviation is 0.32%.

As always with Swedish reports, watch out for high spreads.

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