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CryptoGuider
#USJobsBeatExpectations
🇺🇸 US JOBS DATA BEATS EXPECTATIONS — WHAT DOES IT MEAN FOR MARKETS?
US nonfarm payrolls reportedly increased by 165K in October, significantly above the 65K forecast.
This is an important signal for the economy.
But traders should also watch unemployment, wage growth and the Federal Reserve's response.
Stronger employment can influence interest-rate expectations, Treasury yields and the US dollar.
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