US Retail Sales (M/M)


Fx News Spike Signals by Crazy Cat, 2018/06/14

Release Time: 08:30 New York time (EST)
Primary currency pair: USD/JPY
Forecast: 0.4%
Prior: 0.3%
LT1 (Lower Trigger 1): -0.5 [SELL]
UT1 (Upper Trigger 1): +0.5 [BUY]
Safety: 3

If US Retail Sales (M/M) comes out at -0.1 or less ( -0.5 trigger), USD/JPY should go down by about 20 pips. If it comes out at +0.9 or better ( +0.5 trigger), USD/JPY should go up by about 20 pips.

IMPORTANT: It seems US Retail Sales comes slightly faster than US Retail Sales - Ex-Autos (M/M) or US Retail Sales - Ex Autos & Gas so I would switch focus on that report.

Based on 68 estimates, median estimate is 0.4% and the average estimate is 0.36%. The highest estimate is 0.6% (three estimates), then 0.5% (11 estimates), 0.4% (24 votes), then 0.3% (19 votes), 0.2% (6 estimates), 0.1% (four votes) and finally 0.0% (one estimate). One standard deviation is +/- 0.12, same as last time.

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