What the ..... ?

daveadams

Newbie
1 0
Great news just out for the US economy with strong retail sales so why should the US dollar drop like a stone against the Cad ?
Any thoughts?
 

Shakone

Senior member
2,458 665
Great news just out for the US economy with strong retail sales so why should the US dollar drop like a stone against the Cad ?
Any thoughts?

Do you think that there was nobody who could have known this data (approximately) before it was announced?

If you try to apply cause and effect in this way to news items that are expected and possibly known in advance, then I think you'll be disappointed quite often
 

Lord Flasheart

Legendary member
9,796 975
they can look at it all ways,good for retail may be seen as poor for exports or imports etc,so hence fall. Its all crap really,just an excuse to nick the stops
 

WR1

Active member
206 9
all news is known in advance to Market Makers and institutions, so they can use it as they like

as they say all news is priced in and already discounted (because some already know)

the MMs even get notes for the FOMC speeches and European rates (in advance)
it can all be bought at a price...

free and fair market? not on planet earth
 
 
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