11 August 2026
July NFP is out
US payrolls came in at 23K jobs lost, compared with 80K expected, marking a major downside surprise.
A weak jobs report could shift expectations around future Fed decisions, potentially weighing on the USD while creating more movement across gold and major forex pairs.
Now the focus is on the market reaction and whether this changes the broader rate outlook.
Definitely worth watching closely.
#NFP #Forex #Gold #BingX
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