UK Retail Sales is Moving in the Wrong Direction

October 23 2010 by Aidan Creal in Forex Release |No Comments

UK retail sales fell, stoking speculation that the BoE will follow the Fed in another round of quantitative easing. September retail sales including auto fuel came in far weaker than expected (down 0.2% m/m and up just 0.5% y/y) compared the market consensus of 0.3% and 0.9%. Comparatively in August the figures were -0.7% m/m [...]

Forex Plan & Video For US Core Retail Sales 07/14/10

July 13 2010 by Spencer McKay in Forex Release |No Comments

We’ll be getting the Core Retail Sales (and Retail Sales) figure out of U.S. today, as high impact news releases are concerned, Retail Sales makes up about 2/3 of U.S. GDP… Here’s the forecast: 8:30am (NY Time) US Core Retail Sales  Forecast 0.0%    Previous -1.1% ACTION: USD/JPY                                                  BUY 0.6%               SELL -0.6% Since we have both [...]