Dear trader,

Economic data releases have a high impact on the markets so staying up-to-date on the latest news can have a positive impact on your trading results.

Daily Forex Trend Report - Today the Markets highly await the US retail sales report

+ What's Trending: Today the Markets highly await today’s US retail sales report

+ Headline: Today’s major focus is the US retail sales report - USD. The retail Sales report is released by the US Census Bureau and measures the total receipts of retail stores. Monthly changes in percentage reflect the rate of changes of retail sales (positive or negative) . Changes in Retail Sales are used as a strong indicator of consumer spending and is influential to the nation's economy. Generally, a higher reading is seen as positive (or bullish) for the USD, while a lower reading is negative (or bearish).

+ What to Expect: High reading is positive for the USD. Low reading is negative for the USD.

+ Projection after Analysis: Previous - 0.3%, Expected - 0.4%.

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Wishing you successful investing

George Miller
Yadix Auto-Trading Team