Sweden GDP sa (Q/Q)

Fx News Spike Signals by Crazy Cat, 2019/07/30

Release Time: 03:30 New York time (EST)
Primary currency pair: USD/SEK, EUR/SEK
Forecast: 0.3
Prior: 0.6
LT1 (Lower Trigger 1): -0.4 [BUY]
UT1 (Upper Trigger 1): +0.3 [SELL]
Safety: 2

If SE GDP SA (Q/Q) comes out at -0.1 or less ( -0.4 trigger), USD/SEK should go up by about 250 pips. If it comes out at 0.6 or better ( +0.3 trigger), USD/SEK should go down by about 250 pips.

There are 12 estimates. Median estimate is 0.3% and the average estimate is 0.23%. The highest estimate is 0.6% (one vote), then 0.5% (one estimate), 0.4% (two estimates), 0.3% (two votes), 0.2% (two votes), 0.1% (one estimate), 0.0% (one estimate), -0.1% (one vote), and then finally the lowest estimate is -0.2% (one vote). One standard deviation is 0.23%.

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

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