How Much of Economic Data Is Already “Priced In” Before Release?

@asuquokelvin - 8 hours ago - Economic Indicators

Institutional traders often position themselves before official data releases based on forecasts and sentiment models. This means the actual release sometimes only confirms what the market has already adjusted for.

The challenge for retail traders is identifying when expectations are fully priced in.

Do you think most economic data is already reflected in price before release? If yes how do you spot them

@asuquokelvin - 8 hours ago

I noticed on 1st may usdcad already made a buy movement and was confirmed on 6th may as it made it's higher high after a bearish trend and oil broke it's first intermediate low on 5th may after sweeping the previous high that was broken to the downside on 7april , now I got to understand that usdcad bought on that day due to the fed rate that was kept at 3.75 on 29 April dollar became strong but didn't show immediately on dxy, but was already pricing on usdcad because oil became weak on that day which pressured on cad