💥BREAKING:
🇺🇸 US unemployment came in at 4.3%
Expectations: 4.4%
This is slightly bearish for crypto in the short term ....
Post
CoinQuest
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🚨 VOLATILITY ALERT US LABOR DATA 🚨
Today at 830 AM ET which is 6:30 PM Pakistan time the US will release important labor market data and this kind of news usually shakes the whole market especially crypto gold and forex
The reports include Average Hourly Earnings Non Farm Payrolls NFP and the Unemployment Rate and these numbers often decide short term direction because they reflect the strength of the US economy and possible moves from the Federal Reserve
When this data drops volatility increases spreads get wider and price can move very fast in both directions within minutes
If you are trading during this session manage your risk carefully avoid high leverage and do not rush entries let the first reaction settle before making decisions
Stay calm stay disciplined and protect your capital first...
#CryptoNews #USRetailSalesMissForecast
Today at 830 AM ET which is 6:30 PM Pakistan time the US will release important labor market data and this kind of news usually shakes the whole market especially crypto gold and forex
The reports include Average Hourly Earnings Non Farm Payrolls NFP and the Unemployment Rate and these numbers often decide short term direction because they reflect the strength of the US economy and possible moves from the Federal Reserve
When this data drops volatility increases spreads get wider and price can move very fast in both directions within minutes
If you are trading during this session manage your risk carefully avoid high leverage and do not rush entries let the first reaction settle before making decisions
Stay calm stay disciplined and protect your capital first...
#CryptoNews #USRetailSalesMissForecast
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