The U.S. dollar was steady on Wednesday, as it stayed above the flat line for a second successive session, amid continued uncertainty about U.S.-China trade deal.U.S. President Donald Trump's threat that he would impose higher tariffs on Chinese goods if China does not make a trade deal with the U.S. raised fresh concerns about trade war and supported the dollar.Later on in the session, the Federa...
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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.