The U.S. dollar recovered after a weak start on Tuesday, but stayed somewhat subdued post noon as optimism over the upcoming U.S.-China trade talks faded.The dollar index, down by about 0.12% at 98.85 in morning trades, strengthened to 99.25 later on in the day, but pared gains as it eased to 99.13. However, it was still up in positive territory then, gaining 0.17% over previous close.Against the ...
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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.