US Retail Sales (M/M)

Fx News Spike Signals by Crazy Cat, 2020/02/14

Release Time: 08:30 New York time (EST)
Primary currency pair: USD/JPY
Forecast: 0.3%
Prior: 0.2%
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 -0.2 or less ( -0.5 trigger), USD/JPY should go down by about 15 pips. If it comes out at +0.8 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 77 estimates, median estimate is 0.3% and the average estimate is 0.33%. The highest estimate is 0.7% (one estimate), then 0.6% (3 estimates), 0.5% (10 votes), then 0.4% (18 votes), 0.3% (28 estimates), 0.2% (10 votes), 0.1% (5 votes), and finally 0.0% (two estimates). One standard deviation is +/- 0.14, about same as last month.

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