US Retail Sales (M/M)


Fx News Spike Signals by Crazy Cat, 2019/11/15

Release Time: 08:30 New York time (EST)
Primary currency pair: USD/JPY
Forecast: 0.2%
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 -0.3 or less ( -0.5 trigger), USD/JPY should go down by about 15 pips. If it comes out at +0.7 or better ( +0.5 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 73 estimates, median estimate is 0.2% and the average estimate is 0.17%. The highest estimate is 0.7% (two estimates), then 0.5% (one estimate), 0.4% (3 votes), then 0.3% (12 votes), 0.2% (23 estimates), 0.1% (19 votes), 0.0% (10 votes), -0.1% (one vote), and finally -0.2% (two estimates). One standard deviation is +/- 0.16, slightly higher than last month.

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