Retail Sales is considered one of the most important indicators of consumer spending. In turn, consumer spending and confidence are critical components for economic growth. 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 AUD/USD. Published on Wednesday at 1:30 GMT. Indicator Background As a key consumer indicator, Retail Sales can have a significant effect on the Australian dollar. An unexpected reading could affect the movement of AUD/USD. The previous reading of 0.9% sparkled, easily exceeding the prediction of 0.3%. Also the ... (full story)