Dollar Mixed Despite Solid Economic Data | Forex Factory

  • Dollar Mixed Despite Solid Economic Data

    From rttnews.com

    The dollar is turning in a mixed performance against its major rivals Thursday afternoon. The buck has pared its early gains against its major European rivals and is now down against the Euro and the British pound. However, but dollar is rising against the Japanese Yen. There was economic data aplenty on both sides of the pond Thursday. The latest batch of U.S. data was largely better than expected. A report released by the Labor Department on Thursday showed a modest decrease in first-time claims for U.S. unemployment benefits in the week ended November 25th. The report said initial jobless claims edged down to ... (full story)

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raklian
Nov 30, 2017 4:11pm
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Quoting Guest
Economic data means different things to different people at different times ---------------------> data is no measure of the meaning the different participants seek at different given times and there is no way in the world anyone can guess what the different meanings are at different times for the different proportions that comprise the market. The market is not an economics laboratory. (-_-)
However, the market is absolutely certain where it wants to go.
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Trader#EAED
Nov 30, 2017 3:56pm
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Economic data means different things to different people at different times ---------------------> data is no measure of the meaning the different participants seek at different given times and there is no way in the world anyone can guess what the different meanings are at different times for the different proportions that comprise the market. The market is not an economics laboratory.

(-_-)
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