ADP Non-Farm Employment Change Misses Expectations; Bitcoin Steady Ahead of FOMC Meeting
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According to CryptoMichNL, the ADP Non-Farm Employment Change came in at 122,000, falling short of the expected 147,000. This negative miss has been a recurring trend. The U.S. Dollar Index (DXY) has declined, while Bitcoin remains unchanged. The market is now anticipating the FOMC meeting tonight, which may provide news regarding potential rate cuts.
SourceMichaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast