Forex Signal (Fri March 11 2011, 8:30am NY Time EST) – US Core Retail Sales m/m – Today, 03:32 AM

We’ll be getting the Core Retail Sales (and Retail Sales) figure out of U.S. today, as high impact news releases are concerned, Retail Sales makes up about 2/3 of U.S. GDP (economy)… Here’s the forecast: 8:30am (NY Time) US Core Retail Sales Forecast 0.7% Previous 0.3% ACTION: 1.2% BUY USDJPY / 0.2% BUY GBPUSD The Trade Plan The plan to trade this release is straight forward. We are going … [Read more...]