FxWirePro- Major Crypto levels and bias summary 
BTC Dips on Trade Tension Ease, But 450 BTC/Day Whale Says “Buy More” – Eyes $107K Glory 
OCBC Raises Gold Price Forecast to $5,600 as Structural Demand and Uncertainty Persist 
Morgan Stanley Raises KOSPI Target to 5,200 on Strong Earnings and Reform Momentum 
Morgan Stanley Flags High Volatility Ahead for Tesla Stock on Robotaxi and AI Updates 
The US Nonfarm Payrolls (NFP) for Feb 2025, published on Mar 7, will record a rise of 160,000 jobs. After the 143,000 in January, which was below the forecasted 170,000. The unemployment rate will stay at 4.0%, with the mean hourly wage increasing by 0.3% month-on-month.
The NFP figure has a great influence on the US dollar. A positive report would help firm up the dollar by validating the Federal Reserve's tight interest rate policy. Gold prices do increase more in poorer jobs reports, fueled by hopes of potential loosening of monetary policy.
Generally, the NFP report is a significant leading indicator of US economic health, with monetary policy implications and inducing currency, stock, and commodity market fluctuations. Newer economic policies such as tariffs go so far as to accentuate market response to the report.
