Message from Chaincatcher, according to the report from Jinshi, an analyst from Monex Europe stated in a report that if the non-farm employment data released on Friday is better than expected, the dollar may receive some support. The analyst believes that the August data will show that the labor market is still really solid, with a higher probability of heated data. This could cause the market's focus to return to the risk of inflation, as the inflation data for August will be released before the Federal Reserve's September meeting.
If the Federal Reserve prioritizes the inflation risk more, it may not be able to reduce interest rates throughout the year, which
would lead the market to adjust interest rate expectations and boost the strengthening of the dollar. #FederalReserve $BTC
