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In Asian trading on Wednesday, the dollar index and dollar index futures stabilized following some gains overnight.
Despite remaining below last week’s levels, the greenback has shown signs of recovery this week, bolstered by continued cautionary remarks from Federal Reserve officials regarding the necessity for greater confidence before considering rate adjustments.
Market participants are eagerly awaiting the release of the minutes from the Fed’s late-April meeting, scheduled for later today, to glean further insights from the central bank.
