Oil above $70 and the stronger USD / Trade ideas for June 2

OPEC+ nations decided to stick to gradual production increases and gave a positive outlook for oil demand. Brent rose to the highest levels since 2019 on Tuesday. In the meantime, EUR/USD and GBP/USD failed to break above resistance and turned down. Watch the video to learn more about these and other trade instruments!

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USD rocketed after Fed. How to trade today?
USD rocketed after Fed. How to trade today?

The Fed made a hawkish surprise! The bank would start a discussion about scaling back bond purchases. Besides, it is likely to make two interest-rate increases by the end of 2023 (sooner than expected)!

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