DELKOS BREAKING NEWS: High volatility expected on 7 symbols because of US Retail Sales MoM release on Friday 16 Jul at 12:30 PM GMT

The US Retail Sales MoM results where just released. The announcement is expected to affect the following instruments for the next few hours:

  • AUDUSD
  • EURUSD
  • GBPUSD
  • NZDUSD
  • USDCAD
  • USDCHF
  • USDJPY
     
    Due to the increased volatility in the market around this news event we would advise that you review any open positions in the market.
     
    These statistics are based on the past 12 US Retail Sales MoM events, in which these instruments were all affected

     
     Why this event matters:
     
    Retail sales report in the US provides aggregated measure of sales of retail goods and services over a period of a month. There are thirteen major types of retailers: Motor vehicle & parts dealers (around 20 percent of total sales), Food & beverage stores (13%), General merchandise stores (12.5%), Food services & drinking places (11%), Gasoline stations (10%), Nonstore retailers (9.2%), Building material & garden dealers (6%), Health & personal care stores (6%), Clothing & clothing accessories stores (5%), Miscellaneous store retailers (2.3%), Furniture stores (2%), Electronics & appliance stores (2%) and Sporting goods, hobby, book & music stores (1.7%).
     
     
    Disclaimer: Past performance may not be indicative of future performance