[Bitcoin counterattacks 6.8 and may try to hit the high of 6.9 again. Can it succeed? We have re-interpreted the non-agricultural data, and the imagination space for interest rate cut expectations has opened up, which is good]
The non-agricultural data released tonight is very strange. The number of employed people has also increased, and the unemployment rate has also increased. You can say how magical this data is, and it is a mixed blessing.
But looking at the trend of gold, after the non-agricultural data was released, gold continued to rise and hit a new high. Moreover, the U.S. dollar index began to fall, non-U.S. currencies climbed strongly, and the pound sterling and the Japanese yen appreciated at the same time. So we reinterpreted the non-agricultural data.
Reinterpret it as follows: From the data point of view, the U.S. economy is performing very healthily, and the number of new jobs is still growing. But at the same time, the economy is cooling, the unemployment rate unexpectedly soared to 3.9%, and wage growth was lower than expected, only 0.1%. This data generally favors an interest rate cut, so the imagination of interest rate cuts has once again opened up. Good news!
The new strategy hereby wishes success in the Bitcoin impact in advance! Create historical glory!
