Forex My Trading Questions

1.) "Better US data needed to push EUR/USD lower SocGen
25 February 2016, 12:42
Kit Juckes, Research Analyst at Societe Generale, notes that the yesterday afternoons release of soft US new home sales for January (and a soft Markit services PMI) stopped the dollars rally in its tracks somewhat, with EUR/USD crawling back over 1.10 and even GBP/USD finding a modicum of short-term stability.

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A USD 1.5pbl jump in oil prices during the afternoon helped equities and higher-beta currencies. The result is that this morning, despite a 6% fall in the Shanghai composite index, and a small fall back in oil prices, FX markets are pretty quiet for a change.

The soft US data played a major role in stopping G10FX trends in their tracks. That places a bit more importance on the data in the days ahead and today we see jobless claims (exp 265k) the Kansas Fed index and durable goods orders (exp a bounce across the board, led by aircraft orders, with ex transportation +1.5% vs. -1% last month). If the data are robust, EUR/USD will break back below 1.10 and resume its cautious journey towards 1.08."

So the first question is... the news was released after the rally... does this mean there were people who knew the numbers prior to the news release? The news release was after the rally.

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