Crypto Infinity

July non-farm payrolls just landed and the number is a genuine shock. Economists had penciled in a solid +80,000 gain. Instead the official print showed a drop of 23,000 jobs. That’s a massive downside surprise and one of the biggest misses we’ve seen in recent months. Traders are now watching the US dollar, gold, and the major currency pairs extremely closely. When the data comes in this far from consensus, markets rarely stay quiet expect some real volatility to hit the screens.