United States Core CPI m/m August 11 2021

What does the data mean to the market?

The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.

A higher than expected number is positive/bullish for the USD, a lower than expected number is negative/bearish for the USD.
There are 4 lines of data.

CPI - Core (M/M) - Headline
CPI - Core (Y/Y)
CPI - (M/M)
CPI - (Y/Y)

Historic deviations and their outcome

July 13 2021 Strong 0.5 positive deviation with support from the other 3 lines created a reasonable and safe move on many pairs, especially EURUSD.

Check out the price action here:
https://calendarapi.galaxysoftwareinc.com/l/59634/aHR0cHM6Ly9jYWxlbmRhci5nYWxheHlzb2Z0d2FyZWluYy5jb20vIy9jaGFydDtpPTU5NjM0O3Q9MjAyMS03LTEzJTIwMTI6MzA6MDAuMDtzPVVTREpQWTtyPU0x

June 10 2021 Reasonable deviation but a little continuation on USD pairs, this was largely due to the fact that The US Federal Reserve Board indicated it will look through positive inflation, and won't change monetary policy on the back of high inflation. Therefore a sell would have been better on this release.

Check out the price action here:
https://calendarapi.galaxysoftwareinc.com/l/58020/aHR0cHM6Ly9jYWxlbmRhci5nYWxheHlzb2Z0d2FyZWluYy5jb20vIy9jaGFydDtpPTU4MDIwO3Q9MjAyMS02LTEwJTIwMTI6MzA6MDAuMDtzPVVTREpQWTtyPU0x

May 12 2021 We saw a massive positive +0.6 deviation on the headline Core CPI M/M with a supporting positive deviation of +0.7 on the Core CPI Y/Y without conflicts on all secondary lines.

I got a great 29 pip move in the first minute, with the price pushing higher for some nine minutes after the trade, giving plenty of opportunities to choose the best possible exit.

With significant deviation, big initial move, and lots of continuing price action, the perfect storm makes it virtually impossible not to make money.

Check out the price action here:
https://calendarapi.galaxysoftwareinc.com/l/50136/aHR0cHM6Ly9jYWxlbmRhci5nYWxheHlzb2Z0d2FyZWluYy5jb20vIy9jaGFydDtpPTUwMTM2O3Q9MjAyMS01LTEyJTIwMTI6MzA6MDAuMDtzPVVTREpQWTtyPU0x

I will use forecasts of:

CPI - Core (M/M) 0.5
CPI - Core (Y/Y) 4.3
CPI (M/M) 0.5
CPI (Y/Y) 5.3

Today's trade plan

The focus is on CPI - Core (M/M) - Headline.

Today I'm looking for a deviation of 0.4% to trigger a buy or sell on USDJPY.

I will confirm that all others line deviates in the same direction, I will not accept a conflict on any other three lines!

Secondary Lines -
CPI - Core (Y/Y)
CPI - (M/M)
CPI - (Y/Y

If they all lineup, we should bank some good pips today.

With year on year inflation standing at nearly double the average inflation in normal times. I don't believe the markets will tolerate any more hyperinflation. Therefore, Today either buys or sells will work with a trigger of 0.4%

Tradable pairs

EUR