US retail sales dropped -0.2%, ex-auto sales dropped -0.4%, USD/JPY dips

US retail sales report post another disappointment today. Headline sales dropped -0.2% mom in February, below expectation of 0.3% mom. Ex-auto sales dropped -0.4% mom versus expectation of 0.4% mom

Full release here.

USD/JPY dips notably just after the release.