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We expect HO to trend upwards today.

Based on the last 12 Retail Sales MoM events in United States, we expect HO to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect HO to trend upwards 48 hours following the event release at 16 Oct 12:30 if the released value is > 0.7%. A price movement of 2 pips is expected.

Historical events that allowed us to draw this conclusion

16 Jun 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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