[Week 19 - 2023] Trades Recap and Trade Setups
The banking crisis created fear in the market earlier on the week but the move were quickly erased on Friday after Bullard's speech, stating that the economy will most likely get a soft landing. Jobs in the US economy remained strong with average hourly earnings rose more than expected, which can put more inflationary pressure on the economy, leading to longer period of high interest rate.
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Credit: ForexFactory.com Time: +8 GMT