Key takeaways The reopening of the Strait of Hormuz has accelerated the unwinding of the geopolitical risk premium. Crude oil has fallen sharply, with WTI posting a 10% weekly decline as Gulf oil exports resume and supply concerns ease, supporting global risk sentiment and reducing near-term inflation pressures. The US dollar remains the dominant beneficiary […]The post US Stock Futures Retreated Ahead of Juneteenth Holiday, US Dollar Remains Firm appeared first on ActionForex.