The July 4 fireworks were still smoking when the jobs data lit a bigger one. June Nonfarm Payrolls printed just 57K versus 115K expected, with April and May slashed by a combined 74K. Unemployment \u201cfell\u201d to 4.2%, but only because discouraged workers left the labor force, participation dropped to 61.5%, the weakest since 2021. Wages held at 3.5% y\/y. Underneath the headline: a labor market losing\u00a0steam.<\/p>\n
\ud83d\udcb5 USD<\/strong>\u200a\u2014\u200aRate hike odds for September tumbled toward 50% from near 67% pre print, and the dollar just logged its worst week since April. All eyes now on CPI (July 14) and the July 29 FOMC. Expect sharp, headline driven\u00a0swings.<\/p>\n \ud83e\udd47 Gold<\/strong>\u200a\u2014\u200aXAU\/USD snapped back above $4,150 after four weekly losses in a row, riding the weaker dollar and fading hike bets. Still far from January\u2019s record near $5,600. $4,000 remains the line in the sand; a soft dollar keeps bulls in control for\u00a0now.<\/p>\n \ud83d\udee2\ufe0f Oil<\/strong>\u200a\u2014\u200aBrent near $72, WTI near $69, the calmest levels since before the US-Iran conflict began. Hormuz shipping is normalizing, Saudi and UAE exports are back close to pre war flows, and OPEC+ just added more barrels. But diplomacy is fragile, one bad headline could reignite the risk premium\u00a0fast.<\/p>\n \u20bf Bitcoin<\/strong>\u200a\u2014\u200aBTC sits in the low $60Ks, nowhere near 2025\u2019s $122K peak, as fragile risk appetite and Fed uncertainty keep buyers cautious. Views are split between a bounce toward $65\u201370K and another leg down if data disappoints again.<\/p>\n \ud83d\udd0e Bottom line: a cooling US economy, a shaky dollar, easing but unresolved geopolitical tension, markets are one headline away from their next big\u00a0move.<\/p>\n Trade this volatility with real conditions. Open an account with NordFX \ud83d\udc49 https:\/\/my.nordfx.com\/en\/registration?utm_source=social&utm_medium=post&utm_campaign=nordfx<\/a><\/p>\n Not financial advice. Markets are volatile, trade responsibly.<\/em><\/p>\n NordFX Forecast: Post Holiday Repricing \u2014 USD, Gold, Oil and Bitcoin After the NFP Shock \ud83d\udcca<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" The July 4 fireworks were still smoking when the jobs data lit a bigger one. June Nonfarm Payrolls printed just 57K versus 115K expected, with April and May slashed by a combined 74K. Unemployment \u201cfell\u201d to 4.2%, but only because discouraged workers left the labor force, participation dropped to 61.5%, the weakest since 2021. Wages […]<\/p>\n","protected":false},"author":0,"featured_media":193367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-193366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/193366"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=193366"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/193366\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/193367"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=193366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=193366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=193366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}