Expected non-farm employment and unemployment data from the USA were announced.
Investors, who know that the FED looks at all kinds of indicators related to economic activity when determining the monetary tightening rate and target interest rate, follow such data closely.
According to the announced data, non-farm employment in the USA was announced as 261 thousand. The expectation was 200 thousand.
Unemployment in the USA exceeded expectations. 3.7% announced. Expectation 3.6%
The fact that both non-farm employment data and unemployment came above expectations confused investors a little. The reaction of the stock markets will be followed.
Non-farm employment data, which is considered a signal of economic recovery in a country, has an impact on its currency.
After the employment data that came above expectations, we see that there is an upward acceleration in DXY, while Bitcoin is trying to protect $ 20,600.
After the news, Bitcoin, which shot up to $ 20300, rose again above $ 20500.
As we reported in the news that the data is expected in the morning, the US non-farm employment data is seen as positive for DXY, while it is seen as negative for products that are appreciated against the dollar.
It is worth remembering that the first fluctuations after the data will not give very healthy results on the direction of the market.
Now, the opening of the US stock markets at 16.30 and the reaction to the latest data will be followed.
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