US Dollar - Retail Sales

June 12, 2008 · Filed Under Economic, Uncategorized · Comment 

While doing my forex market technical analysis. I realized that today the USD core retail sales numbers will be released today. What does this measure you might ask, Changes in the total value of sales at the retail level, excluding automobiles; It’s the primary gauge of consumer spending, which accounts for a majority of overall economic activity. These are numbers to watch during our Forex Trading market session. Since they are released once a month about 15 days after the month ends. Very good for Forex currency trading. You may catch a few pips.