Feb 052012
 


6A 03 12 (1 Min) 02.05.12

2/5/2012 Monthly Retail Sales (1430 HI time / 1930 EST)
Forecast: 0.2%
Actual: -0.1%
Previous Revision: +0.1% to 0.1%
DULL REACTION
Started @ 1.0683
1st Peak @ 1.0673 – 1431 (1 min)
10 ticks

Reversal to 1.0693 – 1436 (2 min)
20 ticks

Notes: Report fell short of the forecast, with a small previous report revision upward. The market took a breather on this one as the report broke on a Sunday severely limiting the reaction in volume and magnitude. Do not trade this report due to the Sunday release. No SMAs were crossed, but only 10 ticks were achieved on the spike and 20 on the reversal.