$BTC $ETH $BNB can make a big move today.â
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đŠ 6:30 PM â CAD News
1) Employment Change (Red Folder)
This shows how many jobs were added or lost in Canada.
If the actual number is higher â CAD becomes strong
If the actual number is lower â CAD becomes weak
This news creates strong volatility in USD/CAD, CAD/JPY, EUR/CAD.
2) Unemployment Rate (Red Folder)
This shows how much the unemployment percentage increased or decreased.
If the rate decreases â CAD becomes strong
If the rate increases â CAD becomes weak
âĄïž The 6:30 PM news mainly moves CAD pairs, and it has only a moderate indirect effect on crypto.
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đ„ 8:00 PM â USD News (Very High Impact)
This is the most important time because multiple U.S. red-folder news releases come out together:
1) Core PCE Price Index (m/m)
This is the Federal Reserveâs favorite inflation indicator.
If PCE is high â Chance of interest rate hike â USD strong, crypto drops
If PCE is low â Chance of interest rate cut â USD weak, crypto pumps
2) Consumer Sentiment & Inflation Expectations
This shows how confident U.S. consumers feel about the economy â it directly affects the dollar.
3) Personal Income & Personal Spending
Shows how much people are earning and spending â a signal of economic strength.
âĄïž The 8:00 PM news is bigger.
It creates heavy volatility in Forex, Gold (XAUUSD), and crypto (BTC, ETH).
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â Summary (simple):
6:30 PM (CAD) â Big movement only in CAD pairs
8:00 PM (USD) â Heavy volatility in Crypto, Forex, and Gold
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