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Dollar Firms on Federal Reserve Chair Caution

The dollar was on the front foot on Wednesday, having rebounded from a three-week low, after Federal Reserve Chair Jerome Powell struck a cautious tone on how soon US interest rate cuts would come.

In the first day of his testimony to Congress overni…

US Crude Oil and Gasoline Inventories Decline Last Week

The US Energy Information Administration announced Wednesday that crude oil and gasoline inventories in the United States declined last week, while distillate products rose.

The administration, which is the statistical arm of the US Department of Ene…