Resolved Question
If economic reports conflict when released at the same time, How do you trade it,
If economic reports conflict when released at the same time, How do you trade it, i.e. CPI YoY Better than expected CPI MoM worse than expected. What if they differ from the expected number by the same amount but just if different directions ???.
about 1 year ago
Best Answer - Chosen by Voters
It doesn't matter if economic reports conflict when released. What is important is what traders are actually looking at. Usually they only pay attention to m/m data. Don't forget to factor in adjustments or revisions.
about 1 year ago
Answers (2)
Usually, traders focus on the headline number at the time of the release, which means that the MoM figure could impact the immediate price action. The YoY figure or the upward or downward revisions are factored in a bit later on, which means that this could be useful for swing trades.
about 1 year ago
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If you want to go along and ride with the market then just see how the prices react to those reports.
about 1 year ago
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