Oil up, risk down as USD firms after Trump speech

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Oil up, risk down as USD firms after Trump speechEURO / U.S. DOLLARFX_IDC:EURUSDCityIndexRisk sentiment softened after President Trump addressed the nation, saying the US campaign in the Middle East is nearing completion but stopping short of outlining a clear exit timeline. Markets appeared unconvinced, with oil prices pushing higher, the US dollar firming and broader risk appetite cooling as traders continued to price in supply risks around the Strait of Hormuz. MS.