Dollar Climbs Amid Fed Speculation; UK Inflation Eases ...Middle East

The dollar rose on Wednesday as investors awaited Federal Reserve meeting minutes for insight into the central bank's interest rate path, while the pound steadied after climbing on data showing UK inflation fell in April. Investors have been shoring up U.S. rate cut bets after a milder inflation reading last week, even as Fed officials have continued to sound a cautious note.

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