The fall of news in today's USA jobless and Philadelphia Fed should extend Risck Off for a long time? - Forex Questions and Answers - FXAnswer

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The fall of news in today's USA jobless and Philadelphia Fed should extend Risck Off for a long time?

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- Dfoliexx
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1 year ago

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0 Votes Both news in my opinion do not have the potential (or impact) to change market sentiment, maybe on a very short term (10~60 minutes). As far as the Jobless claims report is concerned, since it is a weekly release, only during NFP weeks market we'll see market paying more attention to it. All in all, every news event has some impact on the overall trend of the market, but some news events just don't get the attention they deserve, so we get relatively no reaction or wrong reaction from the market... by Henry Liu 1 year ago by Henry Liu 1 year ago

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Both news in my opinion do not have the potential (or impact) to change market sentiment, maybe on a very short term (10~60 minutes). As far as the Jobless claims report is concerned, since it is a weekly release, only during NFP weeks market we'll see market paying more attention to it.

All in all, every news event has some impact on the overall trend of the market, but some news events just don't get the attention they deserve, so we get relatively no reaction or wrong reaction from the market...