#NFPWatch Expectations of the NFP report: +120,000 jobs, +0.3% month-over-month earnings, unemployment at 4.3%

The main indicators point to a reading below expectations in this month's NFP report, with overall job growth potentially landing somewhere between 75,000 and 125,000.

The US dollar index (DXY) has fallen to three-year lows, which could set the stage for a rebound if we see stronger job growth than expected... although confirmation of a labor market slowdown could still put a rate cut on the table in July if the CPI (July 15) is also weak.#BTCReclaims110K #TrumpVsMusk $BTC $ETH