The U.S. dollar recovered after a weak start on Wednesday, and edged further up after the release of the minutes of the Federal Reserve's July meeting.The minutes showed the central bank intends to remain flexible with regard to future changes to interest rates, citing a lack of clarity about resolution of the risks to the U.S. economy.The dollar index, which dropped to a low of 97.95 at one stage...
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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.