US Retail Sales (M/M)


Fx News Spike Signals by Crazy Cat, 2019/05/15

Release Time: 08:30 New York time (EST)
Primary currency pair: USD/JPY
Forecast: 0.2%
Prior: 1.6%
LT1 (Lower Trigger 1): -0.8 [SELL]
UT1 (Upper Trigger 1): +0.8 [BUY]
Safety: 3

If US Retail Sales (M/M) comes out at -0.6 or less ( -0.8 trigger), USD/JPY should go down by about 15 pips. If it comes out at +1.0 or better ( +0.8 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 71 estimates, median estimate is 0.2% and the average estimate is 0.21%. The highest estimate is 1.3% (one estimate), then 0.6% (2 estimates), 0.5% (two votes), then 0.4% (six votes), 0.3% (15 estimates), 0.2% (16 votes), 0.1% (17 votes), 0.0% (eight votes), and finally -0.1% (four estimates). One standard deviation is +/- 0.20, down from 0.24 last time.

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