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Retail Sales in Forex
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Retail Sales in Forex
by Jacq Stone Thu Oct 27, 2011 11:13 am
Retail sales are a significant consumer spending indicator for Forex traders. It shows the strength of consumer demand and confidence. If the consumer has enough flexible income, then more merchandise will be produces or imported.
This indicator is released on a monthly basis and is related to the seasonal aspect. Holiday season and back to school month are important period for Forex traders to watch the retail sales report. Retail sales are monitored to gauge the overall strength of economy and currency.
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This indicator is released on a monthly basis and is related to the seasonal aspect. Holiday season and back to school month are important period for Forex traders to watch the retail sales report. Retail sales are monitored to gauge the overall strength of economy and currency.
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Jacq Stone-
Number of posts : 86
Location : united states
Reputation : 1
Points : 212
Registration date : 2011-07-26 -
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