Hi guys I am very new to forex. Just starting at the KG class and browsing the forums. About the question of the author of this thread is there any fundamental or other means of knowing whether or not the market has already taken the outcome of the news or consensus in the price of the currency atleast to some extent? Cos the author says it happens only sometimes I think it may take it into account the news sometimes and then when the positive news comes out the currency drops and other times it continues to rise on the news. In other words is there a way to know when a currency is overpriced as in stocks(PE etc) As I said I am a newbie and if this question doesnt make much sense excuse me. Thanks.
