Bitcoin Awaits US Non-Farm Employment Data! What is the expectation? What Time Will It Be Announced?

dollar indexin (DXY) With the pullback, it has risen above the $20,000 level again. Bitcoin (BTC), continues its horizontal movements due to the decrease in risk appetite.

Investors trying to predict the next move of the FED’s monetary policy focused on the data from the USA.

Today is September at 15:30 Turkish time. US Non-Farm Employment Data and Unemployment Rate will be announced.

While the dollar index is trading at 112 before important data, bitcoin It is trading at $20,000.

While US futures continue their horizontal and mixed course, we see a similar picture on the commodity, gold and silver side.

Expected to be announced at 15.30 TSI, non-farm employment data is expected to be 250 thousand, while the expectation for unemployment rate is 3.7%.

Why is Non-Farm Employment Important?

The fact that the non-farm employment data is above expectations is considered as a signal of the economic recovery in that country and has a positive effect on the currency.

If the data to be announced at 15.30 is over 250 thousand DXYWe can see that (dollar index) rises and Bitcoin pulls back a bit. If it comes below 250 thousand, it may cause us to see a pullback in DXY.

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