$BTC
With NFP: businesses + banks
The report shows: businesses are starting to feel the impact of interest rate cuts or banks are balancing by pausing new lending
==> unemployment increases.
This is extremely good news to extend the timing of raising interest rates. Or to stop raising.
The issue is whether businesses dare to expand their scale with current interest rates, or start locking in rates.
With this news, the trading range may widen dramatically again.
$XAU naturally has slight support near the bottom zone
With NFP: businesses + banks
The report shows: businesses are starting to feel the impact of interest rate cuts or banks are balancing by pausing new lending
==> unemployment increases.
This is extremely good news to extend the timing of raising interest rates. Or to stop raising.
The issue is whether businesses dare to expand their scale with current interest rates, or start locking in rates.
With this news, the trading range may widen dramatically again.
$XAU naturally has slight support near the bottom zone
