BTC $64,060.79 +1.42%
ETH $1,906.17 +1.02%
BNB $607.14 +0.05%
XRP $1.00 +0.05%
SOL $75.93 +0.58%
TRX $0.3310 -0.26%
DOGE $0.0703 +0.46%
ADA $0.1742 -1.10%
BCH $205.29 +0.49%
LINK $9.55 +1.86%
HYPE $59.14 +2.22%
AAVE $87.61 +0.82%
SUI $0.6776 -0.11%
XLM $0.1580 -0.71%
ZEC $510.59 +3.60%
BTC $64,060.79 +1.42%
ETH $1,906.17 +1.02%
BNB $607.14 +0.05%
XRP $1.00 +0.05%
SOL $75.93 +0.58%
TRX $0.3310 -0.26%
DOGE $0.0703 +0.46%
ADA $0.1742 -1.10%
BCH $205.29 +0.49%
LINK $9.55 +1.86%
HYPE $59.14 +2.22%
AAVE $87.61 +0.82%
SUI $0.6776 -0.11%
XLM $0.1580 -0.71%
ZEC $510.59 +3.60%

Analysts forecast non-farm payroll: below 200,000 is bad, above 300,000 is good, and a decline in the dollar is a buying opportunity

2024-12-06 16:33:53

ChainCatcher news, ING analyst Chris Turner stated in a report that the market remains cautious ahead of the U.S. employment data release in November, with the dollar holding steady.

Weaker-than-expected non-farm payroll data could disrupt the recent strengthening trend of the dollar since Trump's election victory, although it is unlikely that the dollar will appreciate again for a long time. U.S. employment numbers are expected to rebound after a weak month last time. A growth of fewer than 200,000 jobs may be considered a "bad number," while more than 300,000 is seen as a "good number." ING suggests treating any dollar decline as a buying opportunity. (Jin Shi)

app_icon
ChainCatcher Building the Web3 world with innovations.