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US June-July Payrolls Revised Up by 55K, Boosting Sept Rate Hike Bets

Source: X Community

The US nonfarm payrolls for June and July were revised up by a combined 55,000 jobs, indicating a stronger labor market. This has led traders to increase bets on a rate hike in September, which could impact crypto and RWA markets by strengthening the US dollar.

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