The non-farm payroll data is out, and overall, it aligns with market expectations. The unemployment rate is still at 4.1%, but the non-farm employment numbers are more than double what the market expected. This shows that the U.S. economic environment is still in decent shape. Plus, the annual and monthly wage growth rates are either above or meeting expectations, which further indicates that the economy is far from a recession. Especially since we all know the Fed's interest rate adjustments mainly depend on inflation and employment. So, a strong jobs report is generally a good thing, but for those hoping for no rate hikes, this is bad news. This data does nothing to support a pause in rate hikes. On the contrary, because the numbers are solid, it might even give the Fed more confidence to handle the consequences of raising rates. Honestly, I didn’t buy any dual-currency products today. I was waiting for the non-farm payroll data to come out first. After all, it’s Friday—if you buy, you’re holding for three days. Better to play it safe. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all-in-one trading platform.