The US dollar continued its bullish run against the yen for the second consecutive session in early deals on Monday, rising back above the psychologically important level of 100.0 after a gap of 5-days.
With past week's failed test of 98.0 from above 101.50 seeming a corrective pull-back, the dollar could extend uptrend towards the next resistance area at 101.25/60.
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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.