Results of the March reading on US retail sales:
- Prior ex-autos and gas revised lower to +0.3% from +0.4%
- Overall sales -0.4% vs 0.0% exp
- Prior overall sales revised lower to +1.0% from +1.1%
- Sales ex-autos -0.4% vs 0.0% exp
Poor headlines and poor revisions. The US dollar weakened 10 pips against the yen and the instantly turned around. USD at the session highs against the commodity bloc.