#CryptoFees101
The markets are anticipating the NFP report to be released, which is the Non-Farm Payroll report in America today at 3:30 PM Saudi time.
As a general rule, if it is higher and the unemployment rate is lower than expected, the result is positive for the US dollar; otherwise, the impact is negative.
Estimates indicate that the unemployment rate will stabilize at 4.2%, and it also indicates a decrease in the number of jobs by 126,000 new jobs compared to about 177,000 jobs in the previous period.
As usual, this data is expected to significantly impact the movement of gold, currencies, and stocks, so please trade and manage risks carefully.