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Currency Strenght

Friday 11 March 2011

US Retail Sales 1.30GMT

The Retail Sales is a monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes in the US. It is an important indicator of consumer spending and also correlated to consumer confidence and considered as a pace indicator of the US economy .
A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

Actual- 
Forecast1.00% 
Previous0.30% 

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