What is Expected
| Time of Release | 8:30 AM EST 13:30 GMT 2/14/2007 |
| Time of press conference | 8:30 AM EST 13:30 GMT 2/14/2007 |
| Consensus expectation | 0.3% |
| Prior reading | 0.9% |
| Primary Pair Impact | EURUSD |
How To Trade This?
As always, the general rule of thumb in trading event risk is to wait at least 5 minutes before putting the trade on in order to observe if the market price responds to the fundamentals. In the case of theUS Retail Sales, traders should also pay attention to prior month revisions to make sure that once piece of data does not offset the other.
