Forex News Trading
February 13, 2014 - US Core Retail Sales
US Core Retail Sales is probably the main focus of the week as retail sales makes up 2/3 of the US GDP. I would definitely monitor this release closely and follow in the direction of the surprise.
Here´s the forecast:
13:30am (GMT) USCore Retail Sales
Actual…??? Forecast 0.1% Previous 0.7%
[b]DEVIATION: 0.5%[/b]
BUY USD 0.6% / SELLUSD -0.4%
The Trade Plan
The plan to trade this release is straight forward. We are goin…