Quote:
Originally Posted by jamesbond007700
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?
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In a nutshell, no.
You might be able to figure out what the likely reaction of the various market participants is if you are really clued in on the fundamentals and have bags of experience, but you'll never get it right all the time. There are too many players, all with different goals which means they all have different ways of assessing and reacting to the same economic news releases.
As has already been stated, in general the market will have already taken into account the expected number of what the news release might be prior to its release. What the market's reaction will be to how different the actual release is compared to the expected release depends on many factors: how much of difference there is, how all the participants were positioned before the news release, how they want to be positioned after the news, etc. And all these factors shift and change over time.