US Retail Sales is considered one of the most important consumer indicators. It provides analysts and traders with a snapshot of consumer spending. A reading that is higher than the market forecast is bullish for the US dollar. Here are all the details, and 5 possible outcomes for USD/JPY. Published on Wednesday at 13:30 GMT. Indicator Background Consumer spending is one of the most important components of the economy, and any unexpected readings in the Retail Sales indicator can affect the movement of USD/JPY. Retail Sales has improved over the past two readings, with the January release rising to 0.5%. However, the ... (full story)