The U.S. dollar exhibited weakness against most major currencies on Thursday amid disappointing economic data out of Asia and Europe, and lingering uncertainty about U.S.-China trade negotiations.Data on initial jobless claims too made an impact on the dollar's movements.On the trade front, worries intensified after the Wall Street Journal reported that trade talks have hit a snag over Chinese pur...
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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.