AUD Retail Sales – Change in the total value of sales at the retail level

AUD/USD
8:30 PM EDT

This has been a decent mover of late. The Building Approvals comes out at the same time. Keep an eye on this, but don’t worry too much about it. It would be nice to see it come out in the same direction.

In January we saw -.4 with a 15 pip spike (I’m told. I was packing for Mexico at the time.), small retrace of 4 or 5, and continuation to about 30 in 12 minutes.

In February we saw -.5 and -.2 with a 22 pip spike, slight retracement, and continuation to 40 pips slowly over 30 minutes. The spike happened at 2 seconds and the data came out at 3 seconds after the posted time.

In March we saw .5 with an 18 pip spike, small retracement, and slight continuation to 22 pips in 7 minutes before falling all the way back in 3 more minutes. The spike happened at 2 seconds and the data came out at 3 seconds after the posted time.