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.