#NFPCryptoImpact

The NFP report generally provides insights into the health of the US labor market. It also influences the Federal Reserve’s interest rate decisions as FRB has signaled few rate cuts in 2025 back in December 2024z

The consensus forecast is 160,000 jobs added, with the unemployment rate expected to hold steady at 4.2%

The wage growth as a key indicator of inflation, which could impact Fed policy decisions.

US Dollar Index is trading at two-year highs, and the NFP report could act as a decision point for further gains or a potential pullback.

The market has a strong reaction to the NFP data. It seems that the market is not very confident in the QE in the near term.

What are your thoughts and predictions on the NFP data released today?