Author Topic: Retail Sales in Forex  (Read 468 times)

Offline IKOFX

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Retail Sales in Forex
« on: October 27, 2011, 11:04:36 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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Retail Sales in Forex
« on: October 27, 2011, 11:04:36 AM »

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