Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.
The typical/expected impact on USD pairs is high.
The consensus forecast for Retail Sales (MoM) is 0.1%. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The most recent announced value for Retail Sales (MoM) was -0.9% against a forecast of -0.7%.
Recent economic data has been moderately bullish for USD. Other recent announcements which may affect the market's interpretation of the next Retail Sales (MoM) result:
Country: | United States |
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Currency: | USD |
Source: | US Census Bureau |
Category: | Consumption |
Frequency: | Monthly |