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U.S. Retail Sales Expected Higher After Holiday

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Consumers forecasted to have spent more in December but Market Focusing on How much did Energy savings and a strong USD drove sales higher. A strong non-farm payrolls (NFP) failed to spark a U.S. dollar rally despite crushing the forecast. In the past the U.S. retail sales data has stopped rallies after missing expectations, but this time around it could spark a more rapid recovery of the USD. Retail sales reports have been mixed but economists still cannot unlock the mystery of the U.S.

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