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  • Retail Sales in U.S. Unexpectedly Fall for Third Straight Month

    From bloomberg.com

    Sales at U.S. retailers unexpectedly decreased in February for a third consecutive month as inclement weather and low wage gains restrained shoppers. The 0.6 percent drop followed a 0.8 percent decrease in January, Commerce Department figures showed Thursday in Washington. The median forecast of 86 economists surveyed by Bloomberg called for a 0.3 percent gain. Sales declined in nine of thirteen major categories, led by auto dealers and building supply merchants. The coldest February on record in parts of the Northeast and Midwest, combined with sluggish pay increases, probably made Americans leery of spending the ... (full story)

  • #1
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  • Mar 12, 2015 8:38am Mar 12, 2015 8:38am
Really? What happened to all the projections.
  • #2
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  • Mar 12, 2015 8:40am Mar 12, 2015 8:40am
usd rally is over
  • #3
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  • Mar 12, 2015 8:41am Mar 12, 2015 8:41am
  •  Trader#8996
  • | Status: Unregistered Trader
One wonders how they manage to write this story and post it 2 seconds after the news announcement, while I am still waiting for the number, unlike me these guys must be really fast to type?
  • #4
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  • Mar 12, 2015 8:41am Mar 12, 2015 8:41am
They will come out with another pathetic excuse for rally like - Rate hikes, rate hikes, rate hikes ...
  • #5
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  • Mar 12, 2015 8:42am Mar 12, 2015 8:42am
yup
  • #6
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  • Mar 12, 2015 8:44am Mar 12, 2015 8:44am
Quoting Ejay
Really? What happened to all the projections.
Nothing .. But all the big boys filled there buy orders yesterday and now is the time to change direction before we retailers get ready
  • #7
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  • Mar 12, 2015 8:46am Mar 12, 2015 8:46am
When you SUM everything, from U.S. there is nothing strong... All Strong situation for U.S. was weakening EUR...
I think U.S. will be next EUR. Pull back begins from where Mario said. Not more than 25% (1.05)
  • #8
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  • Mar 12, 2015 8:46am Mar 12, 2015 8:46am
Got no significant positions on USD pairs. It's starting to look like a raise in interests might sink the economy quicker than logic would dictate.
  • #9
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  • Mar 12, 2015 8:49am Mar 12, 2015 8:49am
Not really, this is the favorite scenario for the market fukers, bad news for the dollar but they will push the price high as most of the retail traders expects the dollar to fall , fuk the news.. fuk the market makers. PFU
  • #10
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  • Mar 12, 2015 8:49am Mar 12, 2015 8:49am
Especially need to consider the fact that major banks post aggressive projections only when they want people thinking they will keep doing what they've been doing. With projections of 0.8 dollars per euro by 2017 to me it looks like they want to influence mass thinking and switch positions.

Still might be 1 final surge down to parity coming up for EURUSD, but that's it imo
  • #11
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  • Mar 12, 2015 8:51am Mar 12, 2015 8:51am
Quoting Guest
One wonders how they manage to write this story and post it 2 seconds after the news announcement, while I am still waiting for the number, unlike me these guys must be really fast to type?
They write several versions of the story and add in the numbers. Simple.
  • #12
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  • Mar 12, 2015 8:54am Mar 12, 2015 8:54am
Quoting alexpi
They write several versions of the story and add in the numbers. Simple.
  • #13
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  • Mar 12, 2015 8:55am Mar 12, 2015 8:55am
I would not say the rally is over yet. What I will say is that the US Dollar is ripe for a correction. 20 day MA is at 119.94 on USD/JPY and 100 day is at 117.67.....these are going to be important levels to watch.
  • #14
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  • Mar 12, 2015 8:56am Mar 12, 2015 8:56am
Quoting Guest
One wonders how they manage to write this story and post it 2 seconds after the news announcement, while I am still waiting for the number, unlike me these guys must be really fast to type?
I was thinking this the other day.

But, don't journalists get the data early while kept in a sealed room with all communication devices removed or something like that so they can prepare the story but not communicate it until after the release?

Or is that just for Fed meetings?

Or did I just imagine this in a dream?

I actually don't know which to be honest
Come with me if you want to live....
  • #15
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  • Mar 12, 2015 8:58am Mar 12, 2015 8:58am
"Retail Sales in U.S. Unexpectedly Fall for Third Straight Month"

and the $ keeps climbing.

Draghi really did a number on the Fed
Come with me if you want to live....
  • #16
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  • Mar 12, 2015 8:59am Mar 12, 2015 8:59am
wind is change?
take what you can take, before market take it back
  • #17
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  • Mar 12, 2015 9:02am Mar 12, 2015 9:02am
"Retail Sales in U.S. Unexpectedly Fall for Third Straight Month"

While claims also drop and Carney keeps rate hike under wraps
Come with me if you want to live....
  • #18
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  • Mar 12, 2015 9:02am Mar 12, 2015 9:02am
Lol. USD will be strong for the foreseeable future, buy on any dips
  • #19
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  • Mar 12, 2015 9:05am Mar 12, 2015 9:05am
I think It's high time $ will be falling !!!
  • #20
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  • Mar 12, 2015 9:05am Mar 12, 2015 9:05am
Quoting Forexpcb
usd rally is over
really? are you sure?
MAKE SURE you still can TRADE tomorrow
  • #21
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  • Mar 12, 2015 9:11am Mar 12, 2015 9:11am
Quoting scottr89
Lol. USD will be strong for the foreseeable future, buy on any dips
Too many people are saying this. Better to not touch USD-driven pairs for now
  • #22
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  • Mar 12, 2015 9:11am Mar 12, 2015 9:11am
Quoting Ill-b-back
I was thinking this the other day.

But, don't journalists get the data early while kept in a sealed room with all communication devices removed or something like that so they can prepare the story but not communicate it until after the release?

Or is that just for Fed meetings?

Or did I just imagine this in a dream?

I actually don't know which to be honest
Yeah thats interesting. Still there is one more possibility. They have already prepared two opposite versions of the text with blank gaps to fill numbers. At least I would do it like this.
Anyway I am sure there is lots of ppl that know the numbers way before everyone...
  • #23
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  • Mar 12, 2015 9:16am Mar 12, 2015 9:16am
Unexpectedly? what's so unexpected about this...?
  • #24
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  • Mar 12, 2015 9:19am Mar 12, 2015 9:19am
  •  Trader#9359
  • | Status: Unregistered Trader
why so many ppl here think that $ rally is over ? There are still major supports to watch for. Retail sale will be back on track soon when the employment improves.
  • #25
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  • Mar 12, 2015 9:22am Mar 12, 2015 9:22am
There are people who already have all this information before everyone.... That is definitely called cheating....
  • #26
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  • Mar 12, 2015 9:42am Mar 12, 2015 9:42am
i think dollar will be good for 1 or 2 month.. seems its like assie been too strong then after 3-4month down till the floor.. its cycle for me . my 2cents
  • #27
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  • Mar 12, 2015 9:52am Mar 12, 2015 9:52am
Result outcome does not entirely reflects actions on the charts...... What is happening and what's responsible for this???
  • #28
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  • Mar 12, 2015 10:08am Mar 12, 2015 10:08am
Quoting Guest
why so many ppl here think that $ rally is over ? There are still major supports to watch for. Retail sale will be back on track soon when the employment improves.
Really when the employment improves?
Could you please go through the last weeks NFP and Unemployment rate?
  • #29
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  • Mar 12, 2015 10:11am Mar 12, 2015 10:11am
They already agree to raise IR.
  • #30
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  • Mar 12, 2015 10:20am Mar 12, 2015 10:20am
Quoting frx_trader
They already agree to raise IR.
You probably some cousin of Yellen, in order to be so sure about FED decisions.
  • #31
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  • Mar 12, 2015 4:17pm Mar 12, 2015 4:17pm
Quoting scottr89
Lol. USD will be strong for the foreseeable future, buy on any dips
Agreed.
Come with me if you want to live....
  • #32
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  • Mar 12, 2015 4:18pm Mar 12, 2015 4:18pm
Quoting Charlzz
Anyway I am sure there is lots of ppl that know the numbers way before everyone...
Of this I am almost certain
Come with me if you want to live....
  • #33
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  • Mar 12, 2015 8:13pm Mar 12, 2015 8:13pm
Real reason is that working class has already spent all the money saved from lower gas prices at the pump.
  • #34
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  • Mar 12, 2015 8:19pm Mar 12, 2015 8:19pm
  •  Trader#A2C5
  • | Status: Unregistered Trader
Workers are paying their debts, so they can't spend...
  • #35
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  • Mar 12, 2015 11:20pm Mar 12, 2015 11:20pm
  •  Trader#9359
  • | Status: Unregistered Trader
Quoting Voipey
Really when the employment improves?
Could you please go through the last weeks NFP and Unemployment rate?
Well bro, you cant expect a person to have a job and then increase his/her spending immediately. It takes times, especially for retail sales. Let's see what Fed talk about this next week though . In the meantime, I will stay strong on $
  • #36
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  • Mar 13, 2015 2:01am Mar 13, 2015 2:01am
Quoting Guest
Well bro, you cant expect a person to have a job and then increase his/her spending immediately. It takes times, especially for retail sales. Let's see what Fed talk about this next week though . In the meantime, I will stay strong on $
You do realise you are biased?
  • #37
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  • Mar 13, 2015 9:16am Mar 13, 2015 9:16am
Huge crisis ahead. It will be bigger than 2008 for sure. Tanking stage lol. Consumers have enough goods and they wont cut taxes for poorest so they wont consume more plus demoghrapic problems. Pyramid must collapse.
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