USD Extends Rally, US Retail Sales Worse than Expected
USD Extends Rally, US Retail Sales Worse than ExpectedUSD: Higher, supported by a spike in risk aversion as weak US retail sales dampens risk appetiteJPY: Mixed, FT says US could lose AAA debt rating, BBC says opposition party may not buy US treasuriesEUR: Lower, EU industrial output falls at a record pace, ECB may increase […]
Japanese Retail Sales Slump For A Seventh Month
Japanese Retail Sales Slump For A Seventh Month
Japanese Retail Sales Actual -3.9%, Expected -4.8%, Previous -2.4%
Release Explanation: Retail sales are the measure of the total sales of goods and services by retail stores in Japan. This is also an important part of figuring the country’s GDP. ‘Retail sales are an important measure of consumer […]
US Retail Sales Miss The Mark
US Retail Sales Miss The Mark
U.S. Dollar Trading (USD) took advantage of heavy profit taking in Asian Stocks and weakness in US stocks to finish stronger against the Euro and high yielding currencies. US Retail Sales were the major drag on the market falling -1.1% in March vs. a 0.3% rise forecast. PPI fell -1.2% […]