🚨 Initial Unemployment Claims Released:
◻️ Expected: 215,000
◻️ Actual: 198,000
Reading below expectations indicates a strong labor market, which reduces pressure on the Federal Reserve to cut interest rates.
📊 This is what supported the expectations, now indicating over 95% probability that interest rates will not be cut this month.
The next phase requires caution and good risk management, so stay alert.
$DCR $ZEC