USD/CHF: Trading the Swiss Retail Sales
From forexcrunch.com
Swiss Retail Sales is considered one of the most important indicator of consumer spending. The indicator’s release early this month provides analysts and traders with an early look at consumer spending. A reading that is higher than the market forecast is bearish for the US dollar. Here are all the details, and 5 possible outcomes for USD/CHF. Published on Wednesday at 7:15 GMT. Indicator Background Consumer spending is one of the most important components of the economy, and strong numbers in this sector signify growth and a stronger economy. The April reading was a major disappointment, as the indicator posted a ...
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