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MARKETS TODAY :

  • EUR/USD1.1356 (+0.1711%)
  • EUR/JPY127.3500 (+0.0747%)
  • GBP/USD1.2921 (+0.8461%)
  • AUD/USD0.7625 (+0.5618%)
  • USD/CAD1.3055 (-1.0303%)
  • USD/CHF0.9615 (+0.1062%)
  • USD/CNY6.7983 (-0.1733%)
  • NZD/USD0.7296 (+0.4157%)
it measures the value difference of sales in the retail sector

Advance Retail Sales USD - The Retails Sales announcement measures the value difference of sales in the retail sector 

Including the car industry. It shows wide resolution information about what people spend money on! Which obviously affects the economic activity of the sector, once again we are talking about the USA but, every country has its own retail sales announcement, the impact though may not be as strong as the US announcement.

Once announced the USD currency will get benefits if the result passes the forecast, otherwise the outcome will be negative for the currency.