NFP and the dollar's dance: Is it all priced in now?

asked by u/bogdan.varga · 1h · 0 answers

Watching the dollar's reaction post-NFP has me wondering if we're hitting a new phase. For months, good jobs numbers meant a stronger dollar, almost like clockwork. But last Friday, we got a decent print, not stellar but solid, and the dollar barely twitched. We've seen $INR up 5.03% today, with its day range of 12.38–13.2, showing some real moves elsewhere. It just feels like the market's got a short memory for these big data points, or maybe it's just so used to them now that the initial shock value is gone. Are we seeing diminishing returns from these major economic indicators, or is it just me? I'm half-expecting the next CPI to drop, and we'll see gold go down for some counter-intuitive reason.

I'm curious if anyone else is feeling this disconnect. Are these big data releases losing their punch in shaping market direction, or is it just a temporary lull before the next big surprise? Push back on this, please. Am I missing something obvious?

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