The United States just doesn't dare to raise interest rates, which makes the non-agricultural data exceed expectations. Combined with the interest rate cuts in the eurozone and Canada, there are two possible directions for funds. The first is that funds flow according to interest rate expectations. The euro has fallen, but the dollar has not. Then a large amount of capital may flow into the United States, causing the US dollar index to rise. The exchange rates of other countries, including us, are under pressure. The second is that funds flow according to consumption expectations. If a region cuts interest rates, it generally means that the US dollar can buy more goods, so the direction of funds will be the opposite. A large amount of US dollars will go to the eurozone to buy goods to reduce inflation. The largest export commodities of the European Union are oil and fuel vehicles. Who will be hit by buying cars? Whoever is grabbing the traditional fuel vehicle market will be bad news. So it seems to be two directions, but it seems to always target someone. But I think it depends on the Fed's statement. If it is based on the expected flow of interest rates, then this matter is only beneficial to the US dollar. If it is based on the expected flow of consumption, think about where European cars are exported the most? When Europe produces cars, where do they import parts? Moreover, the euro itself has a strong investment attribute. There is a place where the exchange rate has been stable, and stability welcomes short-term investment interests. The enemy of my enemy is my friend. So if the dollar rises again, it will certainly be giving the other side an ally. But it has been so hard to hold back from cutting interest rates until now. Seeing that Japan and Europe have already made moves, he can’t recover without taking a bite. In a compromise, let the non-farm payrolls exceed expectations, employment is very good, and the possibility of raising interest rates will be rekindled. In fact, it is highly likely that the interest rate decision next week will not be raised or lowered. Last month’s inflation pce and last Wednesday’s small non-farm payrolls were all lower than expected, fooling the euro to cut interest rates on Thursday. Then, next week can’t wait, and the official non-farm payrolls on Friday exceeded expectations, exceeding expectations by a full 100,000, almost doubled, which is equivalent to letting the euro and some other allied countries cut interest rates with ease and let funds flow into the United States, so the president of the European Central Bank later released a hawkish tone. So the first possibility is more likely. If the United States cuts interest rates in September, then only Wednesday’s and July’s interest rate meetings can be operated. If these two meetings are still hawkish, then the eurozone may really turn away from the United States and join the East.$BTC $PEOPLE $PEPE