The Commerce Department said its wholesale inventories rose 0.2 percent on month in April, in line with estimates, following a 0.4 percent increase in March.
The US dollar showed mixed trading after the report. While the dollar edged lower against the Swiss franc, it held steady versus the rest of majors. As of 10:02 am ET, the greenback was trading at 1.5594 against the pound, 1.3271 against the euro, 96.94 against the yen and 0.9252 against the Swiss franc.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.