#usjoblessclaim
usjoblessclaim
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Another major US Data’s dropping tomorrow and I’m already watching it.
If the numbers come in strong, I think the dollar rallies and that’s bad news for gold. Crypto probably gets choppy too because strong data means the Fed can take their time with rate cuts.
But if the data is weak, I’m expecting the opposite.
Gold should get a bid on safe-haven flows, and crypto could run because the market starts pricing cuts again. The biggest thing for me is what Waller gonna says.
If he sounds hawkish I’m staying defensive on both gold and crypto.
If he hints at cuts, I’m looking for a bounce.
How about you guys?? Lot of tradfi and token is discounting. What hint could we get from Waller speech??
$BTR | $XAU | $SKHY
#joblessclaimsseptember
#USjoblessclaim
#FEDSPEECH
If the numbers come in strong, I think the dollar rallies and that’s bad news for gold. Crypto probably gets choppy too because strong data means the Fed can take their time with rate cuts.
But if the data is weak, I’m expecting the opposite.
Gold should get a bid on safe-haven flows, and crypto could run because the market starts pricing cuts again. The biggest thing for me is what Waller gonna says.
If he sounds hawkish I’m staying defensive on both gold and crypto.
If he hints at cuts, I’m looking for a bounce.
How about you guys?? Lot of tradfi and token is discounting. What hint could we get from Waller speech??
$BTR | $XAU | $SKHY
#joblessclaimsseptember
#USjoblessclaim
#FEDSPEECH
FED Hawkish
50%
FED Dovish
9%
No problem. I already buy gold
41%
Wait And See
0%
22 votes • Voting closed
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#usweeklyinitialjoblessclaimsriseto206000
US Weekly Jobless Claims Rise to 206K
US initial jobless claims increased to 206,000 for the week ending August 29, slightly above the 205,000 forecast and up from the revised 204,000 previous reading.
The move is small, but it comes as investors watch the US labor market closely ahead of the August jobs report.
For crypto and gold, softer labor-market signals could influence expectations around the Fed and future rate decisions.
The key question: Does this modest rise matter for Bitcoin, or is it just normal weekly noise?
#usjoblessclaim #bitcoin #FederalReserve
US Weekly Jobless Claims Rise to 206K
US initial jobless claims increased to 206,000 for the week ending August 29, slightly above the 205,000 forecast and up from the revised 204,000 previous reading.
The move is small, but it comes as investors watch the US labor market closely ahead of the August jobs report.
For crypto and gold, softer labor-market signals could influence expectations around the Fed and future rate decisions.
The key question: Does this modest rise matter for Bitcoin, or is it just normal weekly noise?
#usjoblessclaim #bitcoin #FederalReserve
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