- Pip Munch
- Posts
- Jobs Data Incoming: Big Moves Ahead for Markets? šš
Jobs Data Incoming: Big Moves Ahead for Markets? šš
Will the latest reports spark volatility or calm nerves? Letās dive into the signals traders canāt afford to miss.

Todayās market breakdown is powered by Lark Fundingāhelping you hit your trading goals faster.
Use code FEB90 for 9% off + free 90% rewards on our new 1-step challenge with just a 9% target and 6% max drawdown. Letās get you funded!
āļø GM Munchers! And happy Friday! Remember, trading is like my morning coffeeāif youāre not paying attention, itāll burn you.
On todayās menu:
Jobs Data Incoming: Big Moves Ahead for Markets? šš
UK Growth Slows, BOE Acts: Trading Opportunities You Can't Miss š
The Czech Republic Removes Capital Gains Tax on Bitcoin?! š¤Æ
Is Utah About To Buy Bitcoin? š
US NEWS šŗš²
Jobs Data Incoming: Big Moves Ahead for Markets? šš
Ladies and gents, it's that time againāNon-Farm Payrolls (NFP) Friday, also known as the Super Bowl for traders.
Forget the halftime show; this is where the real action happens.

NFP drops like clockwork on the first Friday of every month, and it's the ultimate market-moving event.
Why?
Because itās the closest thing we have to a report card for the U.S. economy.
If the labour market is the Fed's favourite child, NFP is the report they use to decide if itās getting dessertāor grounded.
Hereās what to expect this month:
Expected Non-Farm Payrolls: 170,000 (previous: 256,000)
Unemployment Rate: Holding steady at 4.1%
Why Traders Obsess Over NFP
Think of NFP as the market's mood ring.
A strong number?
That screams economic resilience, and the markets might rally (or crash, because they want rate cuts).
A weak number?
The Fed could cut rates to try and give the economy a Redbull to wake it up.
But thereās a twist this time. š¢
With inflation still on the Fedās radar, theyāre paying extra-close attention.
If wages tick up or job growth slows, it could mess with their plans faster than a trader on 100x leverage during a flash crash.
Why You Should Care
Even if you donāt trade currencies or bonds, NFP is a ripple that touches every corner of the market.
A surprising print can send the USD flying, stocks tumbling, and even crypto wiggling.
For traders:
A hot number (above expectations) could mean the Fed delays cutting ratesābad for risk assets, great for the USD.
A cool number (below expectations) might give the Fed more breathing room to cut ratesābullish for stocks and crypto, but bearish for the USD.
The Bottom Line š§µ
So, set your alarms and brew that extra cup of coffee, because NFP is the must-watch event this Friday.
Whether you're trading USD/JPY or just sitting on the sidelines with popcorn, this report has something for everyone.
Oh, and remember, no matter how good your trades are, the Fed still has the final say.
Good luck, Munchers! ā
We Want Your Input! ā
At Pip Munch, we're all about providing the most value to you.
We're working on creating a free resource, and weād love to know which one excites you the most:
Which resource excites you the most?Tell us which one you'd be most excited to receive (for free, of course!) |
FOREX
UK Growth Slows, BOE Acts: Trading Opportunities You Can't Miss šš¬š§

Yesterday, the Bank of England dropped the hammer, cutting interest rates to their lowest level in 18 months. šØ
If you missed it, donāt worryāweāve got you covered (but your GBP trades? Maybe not).
Letās break this down:
Why Did the BOE Cut Rates? š¬š§
The UK economy is slowing down faster than my willpower at an all-you-can-eat buffet.
The Bank of England slashed its growth forecast from 1.5% to 0.75% for 2025, barely dodging a recession.
With inflation cooling and Brexit chaos firmly in the rearview, they decided it was time to give the economy a little boost.
But hereās the thing about rate cuts: theyāre great for businesses and borrowing but terrible for a currency.
Lower interest rates make a currency less attractive to investorsāwhy hold GBP if you can park your money in USD or JPY for a better return?
How the Market Reacted š
If you were trading GBP/USD yesterday without checking the news, well, RIP.
The pound tanked from 1.2540 to 1.2360 in what felt like a blink. Sure, it stabilized a bit after, but the damage was done.

Short-term traders who caught the move made bank.
But for anyone who went long on the pound thinking it was a quiet day?
Thatās a learning experience you wonāt forget. ā
What Traders Need to Know
Interest Rate Cuts 101: Lower rates = weaker currency. Itās Economics 101, but when it happens, it still packs a punch.
Pay Attention to Central Banks: Miss the news, and the market will teach you a lesson (and not a cheap one). The BOEās next move could send the pound tumbling furtherāor give it a chance to recover.
Trading Opportunities: Look at pairs like GBP/USD or GBP/JPY. The poundās weakness opens the door for short setups, but watch for signs of stabilization if the market digests the rate cut fully.
The Bottom Line š§µ
The BOE just reminded everyone why staying informed is the real edge in trading. Miss a headline, and your portfolio might look like a chart of Lunaās collapse.
Keep an eye on the news, watch those central banks, and as always, trade smart.
Have a great weekend, Munchers! ā
š Pre-Market Fuel
šØšæ The Czech Republic officially removes capital gains tax on Bitcoin. Canada and the US, are you listening?
Legislation is being passed in Utah that would allow the state to buy Bitcoin. Will it get through the Senate?
šŖ Munchy Memes
Me and bro waiting for the alt season
ā naiive (@naiivememe)
3:09 AM ⢠Feb 6, 2025
Share Pip Munch
Chances are you have some trading friends. Why donāt you be a pal, share Pip Munch and earn some goodies for it?
You currently have 0 referrals, only 1 away from receiving The Trading Plan That Helped Me Pass 4 $100,000 FTMO Challenges.
Or copy and paste this link to others: https://pipmunch.com/subscribe?ref=PLACEHOLDER