US Retail Sales (M/M)

Fx News Spike Signals by Crazy Cat, 2019/04/01

Release Time: 08:30 New York time (EST)
Primary currency pair: USD/JPY
Forecast: 0.3%
Prior: 0.2%
LT1 (Lower Trigger 1): -0.7 [SELL]
UT1 (Upper Trigger 1): +0.7 [BUY]
Safety: 3

If US Retail Sales (M/M) comes out at -0.4 or less ( -0.7 trigger), USD/JPY should go down by about 15 pips. If it comes out at +1.0 or better ( +0.7 trigger), USD/JPY should go up by about 15 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 51 estimates, median estimate is 0.3% and the average estimate is 0.24%. The highest estimate is 0.7% (one estimate), then 0.6% (one estimate), 0.5% (four votes), then 0.4% (six votes), 0.3% (14 estimates), 0.2% (12 votes), 0.1% (seven votes), 0.0% (three votes), then -0.2% (one vote), -0.3% (one estimate), and finally -0.4% (one estimate). One standard deviation is +/- 0.20, down from 0.38 last time.

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