The U.S. dollar moved in a very narrow range amid thin holiday trades on Tuesday. Due to a lack of economic data and other catalysts, currency movements were mostly sluggish in the session. The dollar index, which dropped down to 97.62 from 97.80, was last seen at 97.68, up marginally from previous close. Against the Euro, the dollar was down slightly at $1.1087, after moving between $1.1070 and $...
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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.