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Bybit_Learn
@Bybit_Learn
#BybitLearn# empowers you with #crypto# and #tradfi# knowledge. From beginner to advanced #trading# insights, we've got you covered. Learn More. Earn More.
Joined September 2022
53 Following    35.1K Followers
BREAKING: Gold surged to a new 7-week high after the US jobs report (NFP) release @ 12:30PM UTC today! The 1.36% immediate spike is within a hair of the 1.4% upside forecast shared in yesterday's #MarketPulse# 👉 Here's why Gold soared: US jobs report showed a surprise contraction in July. Headline NFP (nonfarm payrolls) number: -23,000 vs. +80,000 forecasted. Unemployment rate fell to 4.1%, lower than 4.2% in June. Fed funds futures now slashed odds for September Fed rate hike from 64% at start of this week, now down to 44%. Zero-yielding Gold loves the idea of interest rates not moving up. Stay up-to-date on XAUUSD here 👇🏽
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But wait, there could be more market opportunities before the trading week wraps up! US jobs report lands at 12:30PM UTC today (Friday, August 7th). Need help setting potential price targets (not financial advice)? Check out the forecasted % reactions for 14 major assets here: #Bybit# #NewFinancialPlatform#
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