The 8:00 PM JOLTS Job Openings (USD) report came out 7.67M, which is higher than the forecast 7.14M.
This means the U.S. job market is strong, which usually signals a hawkish FED.
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📌 Impact on Crypto Market
Strong job data → FED may keep interest rates high → Negative for crypto.
Short-term volatility increases.
BTC and ETH can show a small dip because USD becomes stronger.
If the market was already weak, this data adds more selling pressure.
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📌 Impact on Forex Market
Strong JOLTS → USD becomes stronger.
Forex pairs reaction:
EUR/USD goes down
GBP/USD goes down
XAU/USD (Gold) goes down
USD/JPY goes up
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📌 Summary
✔ Strong JOLTS = USD bullish
✔ Crypto = slightly bearish / correction
✔ Forex = Strong USD movement, especially EUR/USD & GBP/USD dropping.
