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* The dollar was steady on the day but down from three-month highs reached earlier on Wednesday after Federal Reserve Chairman Jerome Powell offered no major surprises on his second day of testimony before Congress and as investors waited for jobs data on Friday.

* Lebanon's commercial banks do not have enough liquidity to pay back depositors, the secretary general of the country's banking association said on Wednesday in a letter that laid out the banks' positions.

* Thailand's baht currency is likely to remain highly volatile due to external factors but its weakness is in line with moves in regional currencies, the central bank said on Wednesday.

* The U.S. dollar climbed to three-month highs Wednesday after Federal Reserve Chair Jerome Powell guided towards a higher terminal rate than previously expected on the first day of his testimony before the U.S. Congress.

* Most Asian currencies sank on Wednesday and the dollar hit a three-month high after Federal Reserve Chair Jerome Powell warned that the central bank will likely raise interest rates more than expected, darkening the outlook for regional markets.

* The U.S. dollar hit a three-month high against a basket of currencies on Wednesday, tracking a spike in Treasury yields after Federal Reserve Chair Jerome Powell said that interest rates were likely to rise more than market expectations.

Data inference

* No Major Event

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