The #USNonFarmPayrollReport remains one of the most influential data points in the global financial markets. It measures the number of workers in the U.S. excluding farm workers, government employees, and non-profit employees.
Why It Matters
Fed Policy Influence: A strong report often leads the Federal Reserve to consider higher interest rates to curb inflation, while a weak report might trigger rate cuts to stimulate growth.
Market Volatility: Expect high volatility in the USD and Bitcoin pairs immediately following the release.
Current Sentiment: Investors are watching closely to see if the labor market is "cooling" enough to justify the "Fed Easing" narrative we are seeing in recent weeks
