Oil gains as wildfires threaten Canada supply

By X-blogger - on June 3, 2025

The U.S. dollar fell across the board, giving up the previous week’s gains, as markets weighed the outlook for President Donald Trump’s tariff policy and its potential to hurt growth and stoke inflation.

The Oil-Dollar pair rose 1.4% following a 1.6% intra-session dip. The Stochastic indicator is giving a positive signal.
Support: 59.722 | Resistance: 65.332

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