Today’s data release was good for the US economy, but it also showed that the chances of the next Fed rate cut are now low 📉
Because of this, the market made a temporary upside move likely a liquidaty Grabbed move -> before moving down again. 📊🩸
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CoinQuest
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🚨 U.S. High-Impact Data Released 🌍
📊 Data :
• Non-Farm Payrolls (NFP): 130K
• Unemployment Rate: 4.3%
• Average Hourly Earnings (m/m): 0.4%
📈 Initial Reaction:
Data looks slightly positive for markets in the short term, indicating stable labor conditions with moderate wage growth.
⚠️ Expect volatility across Crypto, Gold & Forex as markets digest the numbers.
📊 Data :
• Non-Farm Payrolls (NFP): 130K
• Unemployment Rate: 4.3%
• Average Hourly Earnings (m/m): 0.4%
📈 Initial Reaction:
Data looks slightly positive for markets in the short term, indicating stable labor conditions with moderate wage growth.
⚠️ Expect volatility across Crypto, Gold & Forex as markets digest the numbers.
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