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The fundamental news this morning for USD was the Unemployment Rate and the Non-Farm Employment rate. They both came out positive, yet upon release, the USD dipped about 50pips on the US/CHF for example, before starting to rally.
The other day I was watching the GBP right before the GBP news on the Official Bank rate came out. The release on the rate was "no change at all." 1 minute before the release, it started to dip a little, and right upon release it dipped about 100pips.
I guess where I'm getting at is why would the USD first dip upon release with all positive news and the GBP dip upon release with no change at all. I'm just trying to understand a little more on how the market works with the news releases. Any helpful thoughts would be greatly appreciated. Thank you