Forex Today: US Dollar clings to modest recovery gains ahead of Fedspeak, mid-tier data

Here is what you need to know on Thursday, November 16: Following the sharp decline seen on Tuesday after soft US inflation data, the US Dollar (USD) Index recovered modestly on Wednesday and managed to stretch higher early Thursday.
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Crude Oil Futures: A sustained pullback loses traction

Considering advanced prints from CME Group for crude oil futures markets, open interest extended the downtrend for yet another session on Wednesday, this time by nearly 2K contracts.
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