Dislikedbased on history, i know this report has an immediate effect but the fact still remains that the amount of importance attached to the Retail Sales m/m is an absolute joke especially when its detailing the Christmas/New year month. The seasonality factor in this report is so great you might as well argue that because US grain harvests are so much greater in Autumn than in mid Winter that the USD should rise faster in that period.Ignored
oh well - nonetheless it was a great trade today overall and I await the next opportunity to trade it again once its selttled down and we r back to reality.
cheers! bed time for me -