DislikedThe retail sales was a good number, actually, it is the first positive number since three months. The fact that it was not up to the expectation doesnot change the picture that the weather might have the bad effect on Q1 anda rebound in q2 is indeed expected. I do not say that it is short time yet, but from the lesson we learned after the bad NFP, is that euro is always performing the dead cat bounce, very thin air near 1.1. How far it will go higher this time ???. is the million doller question.Ignored
http://web.nacm.org/CMI/PDF/CMIcurrent.pdf