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This year, the stronger the labor market, the harder BTC falls: September jobs report — the last labor market reading before the October decision
In August, nonfarm payrolls added 162K jobs — three times the forecast — and BTC dropped nearly 2% that day. This time, expectations are only around 90K: if the data comes in strong again, the odds of a October rate hike rise; if it weakens, BTC may have room to bounce.
1 day 03:58:06 until jobs
<40% Odds of a October rate hike · CME
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