Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
All traders await NFP
Information is not investment advice
The NFP will be announced at 15:30 MT on January 10.
The last NFP release on December 6 provided very positive figures, bringing 266K added jobs to the economy, 3.5% unemployment rate, and 0.2% growth in average hourly earnings. The figures mostly surpassed market expectations and showed a significantly improved domestic picture for the US. Coupled with the positive news from the US-China trade talks, it led to a substantial rise of the USD. If the January 10 release referring to the industry performance in December brings another positive outcome, the USD will gain strength and provide a good market mood for the start of the year.
- If the NFP data is better than the market expectation, the USD will grow.
- If the NFP data is below market expectations, the USD will fall.
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Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
The US Labor Market And Real Estate Market Are In Focus This Week
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
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