#非农就业数据即将公布 The US dollar index has touched 105.6, and the ADP data does not need to be equal to or higher than the expectation of 16. The current situation is different from the previous period. The previous period needed to strengthen the US dollar to drive US bonds to create a high-interest and high-yield environment to attract the first wave of hot money from Europe's interest rate cuts. Moreover, the last non-agricultural data was diluted, and the number of part-time immigrants was included. Powell also reflected this in his speech after the release of the CPI data.
Tonight's small non-agricultural data will be neutral, lower than expected. The current data dilutes part of the water of the previous data, and the US dollar index of 105.6 does not need to be excessively strengthened. This value has a positive effect on precious metals, including BTC of course.