The U.S. dollar displayed strength against most major currencies on Tuesday, rebounding from losses in the previous session, as concerns about U.S.-Iran standoff faded a bit as there was no fresh escalation in tensions.Also, markets were optimistic that the war of words between Washington and Teheran may not escalate into a full-fledged military conflict.Trade data for the month of November, geopo...
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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.