EUR/USD regained some backbone afterwards it alone beforehand today as the convulsion in Japan spurred Forex traders to buy safer currencies. We had letters of the growing retail sales and business inventories in the US. Consumer affect was rather worse than expected. EUR/USD trades now at 1.3835.

Advance estimates of US retail sales for February showed an access of 1.0% from the antecedent month, if the sales rose 0.7%. The accepted amount was 0.8%. (Event A on the chart.)

Preliminary appraisal of Michigan Affect Index showed a abatement from 77.5 to 68.2, compared to the average anticipation of 77.0. (Event B on the chart.)

Business inventories acquaint an access by 0.9% in January from December, that's compared to the antecedent account of 1.1% and the advance by 0.6% predicted by analysts. (Event B on the chart.)